Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, backing away from the two-week highs relative to its United States counterpart hit on Wednesday. At 8:37 a.m. CDT the Canadian dollar was trading at US$0.7203 or US$1=C$1.3883 which compares with Wednesday’s close of US$0.7221 or US$1=C$1.3848. Statistics Canada reported the country’s



ICE Canada Morning Comment: Canola weaker with comparable oils

Notable revisions to AAFC's canola numbers

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Thursday morning, following the downward trend in comparable oils. There were declines in Chicago soybeans and soyoil, as well as European rapeseed and Malaysian palm oil. Chicago soymeal was up slightly. Losses in crude oil added pressure on the vegetable



Canadian Financial Close: C$ at two-week highs

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Wednesday, hitting its strongest levels in two weeks relative to its United States counterpart amid reduced expectations for a rate cut from the Bank of Canada in June. The Canadian dollar settled at US$0.7221 or US$1=C$1.3848, which compares with Tuesday’s close of US$0.7176 or