Canadian Financial Close: Loonie steady, gold adds onto new record

Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday.       The loonie closed at US$0.7167 or US$1=C$1.3952, compared to US$0.7168 or US$1=C$1.3951 on Tuesday. Canadian Prime Minister Mark Carney said officials from Canada and the United States are currently negotiating terms on a new trade deal.       The United States Dollar Index was […] Read more






Canadian Financial Close: TSX, gold set new records

Glacier FarmMedia – The Canadian dollar stayed relatively steady coming out of the weekend.      The loonie closed at US$0.7166 or US$1=C$1.3955, compared to US$0.7167 or US$1=C$1.3953 on Friday.      The United States Dollar Index was up 0.38 of a point at 98.10.      Crude oil prices were higher after OPEC+ announced a smaller-than-expected output […] Read more



Canadian Financial Close: C$ firm to end week

Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday, finishing the week off its recently-hit four-month lows as gains in crude oil provided support.      The Canadian dollar settled at US$0.7167 or US$1=C$1.3953, which compares with Thursday’s close of US$0.7162 or US$1=C$1.3963.      Canada’s services economy contracted in September, with the S&P Global […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding steady Friday morning, consolidating near its weakest levels in four months relative to its United States counterpart.      At 8:53 a.m. CDT the Canadian dollar was trading at US$0.7165 or US$1=C$1.3957 which compares with Thursday’s close of US$0.7162 or US$1=C$1.3963.      Canada’s services economy contracted in September, […] Read more