Canadian Financial Close: Loonie steady, TSX tumbles

Glacier FarmMedia | MarketsFarm — The Canadian dollar stayed relatively unchanged and below the 70 United States cent mark to end the week. The loonie finished at US$0.6990 or US$1=C$1.4307 on Friday, compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. Statistics Canada reported that real gross domestic product rose by 0.4 per cent in January, while […] Read more







ICE canola climbing higher into the weekend

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts continued their uptrend of the past week on Friday, posting solid gains at midsession. Supportive chart signals, as values climbed above nearby technical resistance, contributed the gains. End user bargain hunting was also thought be underpinning the market, as canola remains attractively priced […] Read more





Global Markets: Carney to speak with Trump

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Canadian Prime Minister Mark Carney is set to speak with United States President Donald Trump this morning, with U.S. tariffs and Canadian sovereignty expected to be at the top of the agenda.   Tariffs on […] Read more

Canadian Dollar and Business Outlook: Loonie, U.S. inflation up

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved upwards on Friday morning. The loonie was at US$0.6994 or US$1=C$1.4298 as of 8:33 a.m. CDT, compared to Thursday’s close at US$0.6989 or US$1=C$1.4309. Canadian Prime Minister Mark Carney will have his first conversation with United States President Donald Trump this morning as U.S. tariffs on Canadian […] Read more