Markets

Glacier FarmMedia — The Canadian dollar held steady on Friday as investors squared positions ahead of the weekend. The Canadian dollar settled at US$0.7243 or US$1=C$1.3806, which was unchanged with Thursday’s close. A meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska was being followed closely. Crude oil softened Friday, with […] Read more

Glacier FarmMedia — The Canadian dollar was steady Friday morning after losing ground on Thursday. The loonie was at US$0.7247 or US$1=C$1.3799 as of 8:29 a.m. CDT, compared to Thursday’s close at US$0.7243 or US$1=C$1.3806. The United States Dollar Index was down 0.35 of a point at 97.91. Crude oil prices were lower on Friday […] Read more

Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Thursday, as an unexpected increase in U.S. wholesale prices lowered expectations that the U.S. Federal Reserve would cut interest rates in September. The Canadian dollar settled at US$0.7243 or US$1=C$1.3806, which compares with Wednesday’s close of US$0.7264 or US$1=C$1.3767. Gains […] Read more