By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back a tenth of a cent on Monday, due to sharp declines in crude oil while losses in the United States dollar tempered any further pull backs. The loonie closed at US$0.7183 or US$1=C$1.3921 compared to Friday’s close of US$0.7173 or US$1=C$1.33941. The post Canadian Financial Close: Loonie dips with drop in crude appeared first on Manitoba Co-operator.| Manitoba Co-operatorMarkets & Farming Articles - Manitoba Co-operator
Glacier FarmMedia – The Canadian dollar made a small gain coming out of the weekend on Monday morning. The loonie was at US$0.7178 or US$1=C$1.3931 as of 8:27 a.m. CDT, compared to Friday’s close at US$0.7173 or US$1=C$1.3941. The United States Dollar Index was down 0.30 of a point at 97.86. Crude The post Canadian Dollar and Business Outlook: Loonie higher, crude oil sinks appeared first on Manitoba Co-operator.| Manitoba Co-operatorMarkets & Farming Articles - Manitoba Co-operator
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar climbed nearly a quarter of a cent on Monday, propelled upward by a lower United States dollar and gains in crude oil. Also a factor was positioning ahead of Wednesday’s interest rate announcements from the Bank of Canada and the U.S. Federal Reserve.| Manitoba Co-operator