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    Home»canadian dollar»Canadian Financial Close: Loonie down, TSX rises
    canadian dollar

    Canadian Financial Close: Loonie down, TSX rises

    Robert JessiBy Robert Jessi4 July 2026No Comments1 Min Read
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    Canadian Financial Close: Loonie down, TSX rises
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    The Canadian dollar dipped to end the week while crude oil prices made modest gains.

         The loonie closed at US$0.7042 or US$1=C$1.4201, compared to US$0.7052 or US$1=US$1.4181 on Thursday.

         The United States Dollar Index was down 0.02 of a point at 100.84. Most U.S. markets were closed today due to the Independence Day holiday.

         Crude oil prices were higher as uncertainty continues over a lasting peace between the U.S. and Iran.

         West Texas Intermediate was up US$0.08 per barrel at US$68.78. Brent crude oil added US$0.32/barrel at US$72.12.

         The TSX/S&P Composite Index jumped 308.17 points at 35,274.84 after the U.S. reported on Thursday there was lower unemployment in June.

         Gold rose US$61.60 per ounce at US$4,187.30.

    Canadian Close financial loonie Rises TSX
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    • Holds above 176.00 despite bearish bias
    • Bank fees can add up, be difficult to see, consumer group says
    • TSMC to raise advanced chip packaging prices by up to 20%, report says
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