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Dec. 12, 2024 at 9:40 am CST

By MarketsFarm   Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer Thursday morning, a day after the Bank of Canada cut interest rates by 50 basis points. At 9:24 a.m. CST the Canadian dollar was trading at US$0.7050 or US$1=C$1.4184 which compares with Wednesday’s close of US$0.7065 or […]

Dec. 11, 2024 at 3:44 pm CST

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer on Wednesday, seeing a muted reaction to the latest monetary policy announcement from the Bank of Canada. The Canadian dollar settled at US$0.7065 or US$1=C$1.4154 on Wednesday, which compares with Tuesday’s close of US$0.7059 or US$1=C$1.4167. Canada’s central bank […]

Dec. 11, 2024 at 9:24 am CST

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Wednesday morning as currency traders reacted to the latest monetary policy announcement from the Bank of Canada. At 9:05 a.m. CST the Canadian dollar was trading at US$0.7079 or US$1=C$1.4126 which compares with Tuesday’s close of US$0.7059 or US$1=C$1.4167. Canada’s […]

Dec. 10, 2024 at 4:00 pm CST

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker on Tuesday, trading near its weakest levels in four-and-a-half years relative to its United States counterpart ahead of Wednesday’s Bank of Canada interest rate announcement. The Canadian dollar settled at US$0.7059 or US$1=C$1.4167 on Tuesday, which compares with Monday’s close […]

Dec. 10, 2024 at 8:54 am CST

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm – The Canadian dollar was weaker Tuesday morning, with positioning ahead of Wednesday’s Bank of Canada policy announcement behind some of the activity. At 8:45 a.m. CST the Canadian dollar was trading at US$0.7057 or US$1=C$1.4170 which compares with Monday’s close of US$0.7077 […]