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Glacier FarmMedia | MarketsFarm – The Canadian dollar advanced on Tuesday, as prices for crude oil and gold shot upward. The loonie ended the day at US$0.7255 or US$1=C$1.3783, compared to US$0.7240 or US$1=C$1.3813 on Monday. The United States Dollar Index fell 0.62 of a point at 99.21. Statistics Canada reported today the country had a merchandise[...]

Glacier FarmMedia | MarketsFarm – The July canola contract on the Intercontinental Exchange took a breather on Wednesday, while new crop positions continued their upward momentum. Rain across the southern Prairies in the coming days will improve crop conditions, but they could also pressure prices. Weakening basis levels could also be an indicator of less[...]

Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday morning. The loonie was at US$0.7255 or US$1=C$1.3784 as of 8:35 a.m. CDT, compared to Monday’s close at US$0.7254 or US$1=C$1.3785. The United States Dollar Index was up 0.04 of a point at 98.56. The U.S. Labor Department said today the country’s inflation rate[...]

Glacier FarmMedia -- The Canadian dollar opened the week on a low note. The loonie was at US$0.7256 or US$1=C$1.3782 on Monday as of 8:29 a.m. CDT, compared to Friday’s close at US$0.7272 or US$1=C$1.3751. The United States Dollar Index rose 0.28 of a point at 98.46. U.S. inflation data will be released tomorrow, while[...]

Glacier FarmMedia -- The Canadian dollar was relatively steady on Thursday as tariffs imposed by United States President Donald Trump came into effect. The loonie closed at US$0.7271 or US$1=C$1.3753, compared to US$0.7275 or US$1=C$1.3746 on Wednesday. Canadian goods not covered under the Canada-U.S.-Mexico Agreement (CUSMA) are subject to 35 per cent levies. The United[...]

Glacier FarmMedia -- The Canadian dollar gained some ground on Wednesday. The loonie closed at US$0.7275 or US$1=C$1.3746, compared to US$0.7254 or US$1=C$1.3785 on Tuesday. The United States Dollar Index dropped 0.53 of a point at 98.25. U.S. President Donald Trump threatened 50 per cent tariffs on goods from India earlier today due to the[...]

Glacier FarmMedia – The Canadian dollar strengthened slightly coming out of the August long weekend. The loonie closed at US$0.7254 or US$1=C$1.3785 on Tuesday, compared to US$0.7248 or US$1=C$1.3797 on Friday. The Bank of Canada did not post a closing rate on Monday. The United States Dollar Index gained 0.03 of a point at 98.81. Crude[...]