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Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back after the release of economic news from Statistics Canada. The loonie ended Thursday at US$0.7337 or US$1=C$1.3630, compared to US$0.7348 or US$1=C$1.3609 on Wednesday. StatCan reported this morning that retail sales in Canada shrank by 1.1 per cent in May with losses led by[...]

Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back on Thursday morning. The loonie was at US$0.7340 or US$1=C$1.3624 as of 8:28 a.m. CDT, compared to Wednesday’s close at US$0.7348 or US$1=C$1.3609. The United States Dollar Index was up 0.14 of a point at 97.35. Crude oil prices were climbing on trade[...]

Glacier FarmMedia | MarketsFarm – The Canadian dollar gained strength on Tuesday, closing at its highest level in 18 days. The loonie ended Tuesday at US$0.7334 or US$1=C$1.3635, compared to US$0.7303 or US$1=C$1.3693 on Monday. Earlier today, Canadian Prime Minister Mark Carney briefed the premiers on ongoing trade negotiations with the United States, telling reporters that he’ll[...]