Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly softer Monday morning, as currency traders were awaiting fresh trade news to provide direction. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7299 or US$1=C$1.3701 which compares with Friday’s close of US$0.7305 or US$1=C$1.3690. Officials from China and the United States are meeting in London […] Read more

ICE Canada Morning Comment: Trying to shrug off overnight declines

Tight supplies, new crop issues hover over canola futures

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were either side of unchanged on Monday morning, attempting to recover from overnight losses. Support for canola is mixed, with spillover coming from slight upticks in Chicago soyoil and Malaysian palm oil. European rapeseed along with Chicago and soymeal eased back while […] Read more


Canadian Financial Close: Loonie loses ground

Lackluster jobs report, stronger greenback weigh on Canadian dollar

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Friday, unable to shake off a lackluster unemployment report and a stronger United States dollar. The loonie finished at US$0.7305 or US$1=C$1.3690, compared to Thursday’s close of US$0.7321 or US$1=C$1.3659. Statistics Canada reported that unemployment in the country inched up […] Read more









ICE canola climbing higher at midday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting solid gains at midday Friday, moving back above some key chart levels. The nearby July contract was trading comfortably above C$700 per tonne at midday, after having tried and failed to hold above that level on several occasions throughout […] Read more

Global Markets: Carney speaks with Chinese, U.S. leaders

Discussions come ahead of G7 summit

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canadian Prime Minister Mark Carney spoke with Chinese Premier Li Qiang on Friday and among the topics they discussed was trade. Among the tariffs the two countries have on each other […] Read more