Canadian Dollar and Business Outlook: Loonie sitting firm

Greenback, crude oil counter each other

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Tuesday morning as a stronger United States dollar was countered by higher crude oil prices. As of 8:45 am CST, the loonie was at US$0.6957 or US$1=C$1.4378 compared to Monday’s close of US$0.6954 or US$1=C$1.4381. On the U.S. Dollar Index, the […] Read more




Canadian Financial Close: Loonie sheds ground

Crude oil fall back

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Monday due to weakness in crude oil and positioning ahead of Wednesday’s interest rate announcement by the Bank of Canada. The loonie closed on Monday at US$0.6954 or US$1=C$1.4381, compared to Friday’s finish of US$0.6975 or US$1=C$1.4336. On the U.S. […] Read more



ICE Midday: Canola follows comparable oils down

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market began the week slightly lower as comparable oils were in decline. Chicago soyoil, European rapeseed and Malaysian palm oil were in negative territory in the middle of trading on Monday. Crude oil was also lower after the United States held off on tariff threats to […] Read more



Global Markets: Northern Gaza residents return home

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Tens of thousands of Palestinians returned to northern Gaza on Monday, in exchange for Hamas releasing three Israeli hostages and the withdrawal of Israeli forces from the Netzarim corridor separating northern Gaza from the rest of […] Read more


ICE canola turning higher in choppy trade

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mostly higher Monday morning, recovering from overnight losses in choppy trade. Weakness in the Chicago soy complex accounted for some spillover selling pressure, with European rapeseed and Malaysian palm oil also down to start the week. However, tightening supply projections […] Read more

Canadian Dollar and Business Outlook: Weaker crude pulls down loonie

Trump holding off on Columbia tariffs

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Monday morning due to losses in crude oil, although declines in the United States dollar moderated the step back. As of 8:35 am CST, the loonie was at US$0.6954 or US$1=C$1.4378 compared to Friday’s close of US$0.6975 or US$1=C$1.4336. On the U.S. […] Read more