Canadian Dollar and Business Outlook: Loonie nudges above 72 cents

China ups its tariffs on U.S. to 125 per cent

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar surged ahead on Friday morning as the United States Dollar Index fell below the 100-point mark. As of 8:37 am CDT, the loonie was at US$0.7207 or US$1=C$1.3873 compared to Thursday’s close of US$0.7135 or US$1=C$1.4015. On the index, the greenback dropped 1.335 points at […] Read more



Canadian Financial Close: Loonie stronger on U.S./China trade war

Greenback, equities tumble on Trump tariff turmoil

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped more than two-thirds of a cent on Thursday, after its United States counterpart was weakened by the latest tariff announcement from President Donald Trump. The loonie closed Thursday at US$0.7135 or US$1=C$1.4015, compared to Wednesday’s finish of US$0.7067 or US$1=C$1.4150. On the […] Read more




North American Grain/Oilseed Review: Canola rises, wheat drops

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market extended its rally on Thursday on the strength of vegetable oils and despite pressure from the Canadian dollar. An analyst said the next resistance level for May canola is C$680 per tonne, adding that China needs additional sources for vegetable oil imports. Another analyst said the […] Read more



ICE Midday: Canola still rising despite trade tensions

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market extended its rallies on Thursday, strengthened by vegetable oils and with the May contract remaining above the 20-, 50- and 100-day averages. An analyst said the next resistance level for May canola is C$680 per tonne, adding that China needs additional sources for vegetable oil imports. […] Read more


ICE canola narrowly mixed Thursday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed Thursday morning, recovering from overnight losses in choppy trade as markets continued to react to the shifting tariff news coming out of the United States. On Wednesday, U.S. President Donald Trump announced a 90-day pause on most reciprocal tariffs […] Read more

Global Markets: Trump pauses reciprocal tariffs

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – In a surprising reversal, United States President Donald Trump announced on Wednesday he was pausing reciprocal tariffs on nearly every country for 90 days. At the same time, Trump also said he was raising levies on […] Read more