Canadian Financial Close: Loonie edges upward

Tariff threat keeping crude rangebound

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar nudged up a tenth of a cent on Thursday due to gains in crude oil. The loonie closed on Thursday at US$0.6938 or US$1=C$1.4414, compared to Wednesday’s finish of US$0.6928 or US$1=C$1.4435. On the U.S. Dollar Index, the greenback tacked on 0.031 of […] Read more



North American Grain/Oilseed Review: Canola, wheat rise higher

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued its up-and-down trade on Thursday, going into positive territory as comparable oils moved in both directions. European rapeseed was mixed, crude oil was up and Chicago soyoil was relatively steady. Malaysian palm oil was not traded due to the Lunar New Year holiday. A tightening […] Read more



Global Markets: Plane, helicopter collide midair

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – An American Airlines regional passenger jet flying from Wichita, Kan. and a United States Army Black Hawk helicopter collided midair on Wednesday near Reagan Washington National Airport. A total of 67 people, including Russian and American […] Read more

ICE canola down with soyoil Thursday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Thursday morning, taking some direction from Chicago soyoil. European rapeseed was also down on the day, while Malaysian palm oil and other Asian markets remained closed for the Lunar New Year holiday. The threat of the United States imposing […] Read more


Canadian Dollar and Business Outlook: Small increase for loonie

Oil hovers around unchanged ahead of Trump's tariff deadline

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar tacked about a tenth of a cent on Thursday morning as the United States dollar stepped back and crude oil inched upward. As of 8:38 am CST, the loonie was at US$0.6939 or US$1=C$1.4404 compared to Wednesday’s close of US$0.6928 or US$1=C$1.4439. On the United […] Read more