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Glacier FarmMedia MarketsFarm – The Canadian dollar dropped below the 73 United States cent mark to close the week. The loonie closed at US$0.7285 or US$1=C$1.3727, compared to US$0.7301 or US$1=C$1.3696 on Thursday. Statistics Canada reported on Friday retail sales were down 0.8 per cent in May, while estimating a 0.3 per cent decline in June.[...]

Glacier FarmMedia MarketsFarm – The Canadian dollar made a slight decline to end the week. The loonie was at US$0.7245 or US$1=C$1.3802, compared to US$0.7252 or US$1=C$1.3789 on Thursday. The United States Dollar Index was down 0.36 of a point at 103.47. Crude oil recorded its biggest weekly loss in more than a year, partly due[...]

Glacier FarmMedia MarketsFarm – The Canadian dollar retreated on Tuesday morning following the release of economic data from Statistics Canada (StatCan). The loonie was at US$0.7280 or US$1=C$1.3736 as of 8:33 a.m. CDT, compared to US$0.7322 or US$1=C$1.3658 on Monday. StatCan reported the economy grew by 0.2 per cent in February compared to the month before[...]

Glacier FarmMedia MarketsFarm - The Canadian dollar dropped yet again on Thursday which is now struggling to stay above the 73 United States cent mark. The loonie closed at US$0.7304 or US$1=C$1.3692, compared to US$0.7315 or US$1=C$1.3671 on Wednesday. The U.S. Dollar Index added 0.02 of a point at 105.27, but surpassed the 105.50 mark earlier[...]

Glacier FarmMedia MarketsFarm -- The ICE Futures canola market continued its upward momentum on Tuesday despite coming off its highs. While European rapeseed was up, Chicago soyoil and Malaysian palm oil were down. Meanwhile, crude oil corrected itself from Monday’s gains. Statistics Canada (StatCan) will release its latest principal field crop report Wednesday morning at 7:30[...]