Glacier FarmMedia – The Canadian dollar retreated further on Thursday, one day after the Bank of Canada and the United States Federal Reserve made identical key interest rate cuts. The loonie closed at US$0.7248 or US$1=C$1.3797, compared to US$0.7267 or US$1=C$1.3760 on Wednesday. The BoC announced yesterday it cut its overnight rate by 25 […] Read more
