Canadian Dollar and Business Outlook: Loonie exceeds 71 U.S. cents

Greenback taking a tumble

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar jumped higher on Thursday morning as its United States counterpart tumbled. As of 8:45 am CDT, the loonie was at US$0.7112 or US$1=C$1.4061 compared to Wednesday’s close of US$0.7067 or US$1=C$1.4150. On the U.S. Dollar Index, the greenback dropped 1.223 points at 101.390. Yesterday, U.S. […] Read more




Canadian Financial Close: Trump flip-flop boosts markets

Pauses reciprocal tariffs, raises levies on China again

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gained almost a quarter of a cent on Wednesday, after United States President Donald Trump announced a 90-day pause to his worldwide array of reciprocal tariffs. However, Trump further increased U.S. tariffs on imports of Chinese goods to 125 per cent from 104 […] Read more


Photo: jjmiller11/iStock/Getty Images Plus

U.S. livestock: Closing higher after Trump announces tariff pause

But boosts duties on China to 125 per cent

Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken […] Read more



ICE Midday: Canola steady to higher

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was steady in nearby contracts and higher in the deferreds in the middle of trade on Wednesday. Hours after the United States raised tariffs on Chinese goods to 104 per cent, China responded by raising levies on American goods to 84 per cent. An analyst […] Read more

ICE canola mixed Wednesday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was narrowly mixed Wednesday morning, as the futures continue to react to the shifting global trade news. China and the United States raised their tariffs on each other, while Canada also upped its retaliatory measures against Trump’s trade policies. Chicago soyoil […] Read more


Canadian Dollar and Business Outlook: China, U.S. boost tariffs on each other

That weakens greenback, with loonie higher

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was higher on Wednesday morning, benefitting from a sharp loss in its United States counterpart, but the gain was tempered by hard declines in crude oil. As of 8:38 am CDT, the loonie was at US$0.7058 or US$1=C$1.4172 compared to Tuesday’s close of US$0.7044 or […] Read more