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Canadian Financial Close: Loonie continues sliding back

By MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The Canadian dollar was weaker at market close on Friday, hitting a nine-day low as investors prepare for possible interest rate cuts by the United States Federal Reserve. The loonie finished the day at US$0.7543 or US$1=C$1.3257, which compares with Thursday’s close of US$0.7573 or C$1.3205. The Federal […] Read more


North American Grain and Oilseed Review

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, thanks to a lower Canadian dollar and spillover support from soybeans on the Chicago Board of Trade. The Canadian dollar was around 76 U.S. cents earlier in the week, but settled down to around 75.4 cents […] Read more

Canola prices higher midday Friday

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The ICE Futures canola market was higher at midday Friday, buoyed by delays in harvest activity and a positive trade sentiment for global trade relations. “Weather in western Canada is slowing harvest down,” remarked one Winnipeg-based trader, as a delayed harvest may be injecting a weather […] Read more


Canadian Dollar and Business Outlook: Record household debt weighs on loonie

By MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The Canadian dollar was weaker Friday morning, on a Statistics Canada report that said household debt has hit record levels. As of 9:20 CDT, the Canadian dollar was at US$0.7550 or C$1.3246. That compares to Thursday’s North American close of US$0.7573 or C$1.3205. Statistics Canada reported on Friday […] Read more

Global Markets: Stock markets stronger on positive trade sentiments

By MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – United States stock markets are expected to open higher for the third consecutive day, due to a generally optimistic trade sentiment between the U.S. and China. The Chinese government has said Chinese […] Read more