Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was stronger Friday morning, as markets watched for any developments from talks between the United States and Iran. At 9:11 a.m. CST the Canadian dollar was trading at US$0.7332 or US$1=C$1.3639 which compares with Thursday’s close of US$0.7312 or US$1=C$1.3676. Canada’s unemployment rate fell to 6.5 per cent in […] Read more

Global Markets: Canada’s unemployment rate, jobs down

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported on Friday that Canada’s unemployment rate ticked down 0.3 of a point at 6.5 per cent, the lowest since September 2024. Full-time employment increased slightly by 0.3 per cent, but part-time employment dipped […] Read more


ICE Canada Morning Comment: Canola nudges up

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Friday morning due to mixed support from comparable oils. Support came from upticks in the Chicago soy complex, but Malaysian palm oil was lower and MATIF rapeseed was mixed. Crude oil stepped back, putting pressure on the vegetable oils. […] Read more

Canadian financial close: C$ edges lower Thursday

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart on Thursday. The Canadian dollar settled at US$0.7312 or US$1=C$1.3676, which compares with Tuesday’s close of US$0.7316 or US$1=C$1.3668. Currency markets reacted to news Thursday that the Bank of England would leave borrowing costs unchanged after a 5-4 vote. The […] Read more



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U.S. livestock: Cattle futures fall after strike authorization vote

Chicago | Reuters – CME live and feeder cattle futures stumbled on Thursday, breaking a three-day rally under pressure from a strike authorization vote at a JBS meatpacking plant in Greeley, Colorado, analysts said. However, bullish fundamentals, including a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, will […] Read more





ICE Midday: Canola remains positive

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher in the middle of Thursday trading amidst mostly negative sentiment in comparable oils. Crude oil lost more than US$2 per barrel after the United States and Iran agreed to meet in Oman on Friday. Chicago soyoil and Malaysian palm oil were also in […] Read more