Archives

Sep. 20, 2024 at 9:02 am CDT

By Phil Franz-Warkentin Glacier FarmMedia|MarketsFarm–The Canadian dollar was slightly softer Friday morning. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7363 or US$1=C$1.3581, which compares with Thursday’s close of US$0.7373 or US$1=C$1.3563. Retail sales increased 0.9 per cent in July hitting C$66.4 billion, reported Statistics Canada. Early data […]

Sep. 19, 2024 at 3:47 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia|MarketsFarm – The Canadian dollar was stronger on Thursday, as currency traders continued to adjust positions following Wednesday’s interest rate cut from the United States Federal Reserve. The Canadian dollar settled at US$0.7373 or US$1=C$1.3563 on Thursday, which compares with Wednesday’s close of US$0.7358 or […]

Sep. 19, 2024 at 9:12 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia|MarketsFarm–The Canadian dollar was slightly softer Thursday morning as currency markets continued to react to Wednesday’s interest rate cut in the United States. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7353 or US$1=C$1.3599, which compares with Wednesday’s close of US$0.7358 or US$1=C$1.3590. […]

Sep. 18, 2024 at 3:40 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia|MarketsFarm – The Canadian dollar was stronger on Wednesday, as currency traders reacted to a large interest rate cut in the United States. The Canadian dollar settled at US$0.7358 or US$1=C$1.3590 on Wednesday, which compares with Tuesday’s close of US$0.7355 or US$1=C$1.3596. The U.S. Federal […]

Sep. 18, 2024 at 8:57 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm–The Canadian dollar was slightly firmer Wednesday morning as currency traders await the latest interest rate announcement from the United States Federal Reserve. A rate cut is widely anticipated, with but the size of that reduction remains to be seen. Accompanying statements will […]