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Nov. 14, 2024 at 8:56 am CST

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Thursday morning, pressured by relatively solid economic data out of the United States. Initial jobless claims in the U.S. dipped to their lowest level since May in the latest report, coming in at 217,000. Meanwhile, the country’s producer price index […]

Nov. 13, 2024 at 3:50 pm CST

Glacier FarmMedia | MarketsFarm  — The Canadian dollar was softer on Wednesday, hitting its weakest level in four-and-a- half years relative to its United States counterpart. The Canadian dollar settled at US$0.7153 or US$1=C$1.3980 on Wednesday, which compares with Tuesday’s close of US$0.7172 or US$1=C$1.3944. Solid inflation data out of […]

Nov. 13, 2024 at 9:38 am CST

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Wednesday morning, hitting fresh two-year lows relative to its United States counterpart. The U.S. consumer price index was up by 2.6 per cent on an annual basis in October, according to a report out of the country. The inflation data […]

Nov. 12, 2024 at 3:51 pm CST

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Tuesday, touching its lowest level in two years relative to its United States counterpart as currency traders continue to consider what the next presidency of Donald Trump will mean for the U.S. economy and global trade. The Canadian dollar […]

Nov. 12, 2024 at 9:28 am CST

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning as activity picked up after Remembrance Day. Canadian municipalities issued C$13.0 billion worth of building permits in September, which was up by 11.5 per cent from the previous month and the second-highest level since the start of the […]