Canadian Dollar and Business Outlook: Loonie adds some strength

Crude oil lower on trade war concerns

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was a little higher on Tuesday morning following the Liberal minority win in last night’s federal election. As of 8:33 am CDT, the loonie was at US$0.7228 or US$1=C$1.3835 compared to Monday’s close of US$0.7220 or US$1=C$1.3850. On the index, the greenback nudged up 0.051



Canadian Financial Close: Loonie climbs a pinch higher

U.S. dollar continues sliding back

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar nudged up on Monday as its United States counterpart weakened. However, gains were capped by losses in crude oil. The loonie closed on Monday at US$0.7220 or US$1=C$1.3850, compared to Friday’s finish of US$0.7213 or US$1=C$1.3863. On the U.S. Dollar Index, the greenback







ICE Midday: Canola lower on Election Day

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly lower coming out of the weekend amidst mixed sentiment in comparable oils. Chicago soyoil and European rapeseed were solidly in positive territory, while Malaysian palm oil was down. Crude oil prices were lower due to confusion over trade talks between the United States and



ICE canola correcting lower to start week

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small losses Monday morning, seeing a modest correction to start the week after trending higher through April. The most-active July contract settled above the psychological C$700 per tonne mark on Friday but was back below that chart point Monday morning. A softer tone