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Jul. 25, 2024 at 8:38 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower on Thursday morning as yesterday’s Bank of Canada rate cut still weighed on values. As of 8:35 am CDT, the loonie was at US$0.7234 or US$1=C$1.3821 compared to Wednesday’s close of US$0.7250 or US$1=C$1.3794. On the United […]

Jul. 24, 2024 at 3:29 pm CDT

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar slipped lower on Wednesday, following this morning’s interest rate announcement from the Bank of Canada. The BoC cut 25 basis points from its key lending rate, dropping it to 4.5 per cent. It’s the second consecutive reduction the central […]

Jul. 23, 2024 at 3:29 pm CDT

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Tuesday, due to increases in the United States dollar and lower crude oil prices. The loonie closed at US$0.7263 or US$1=C$1.3768, compared to Monday’s finish of US$0.7270 or US$1=C$1.3755. On the U.S. Dollar Index, the greenback […]

Jul. 23, 2024 at 8:39 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back a pinch on Tuesday morning due to small upticks in the United States dollar and declines in crude oil. As of 8:36 am CDT, the loonie was at US$0.7263 or US$1=C$1.3769 compared to Monday’s close of US$0.7270 […]

Jul. 22, 2024 at 3:29 pm CDT

Canadian Financial Close: More declines for loonie By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar slipped back on Monday, lacking support to push higher. The loonie closed at US$0.7270 or US$1=C$1.3755, compared to Friday’s finish of US$0.7285 or US$1=C$1.3727. On the U.S. Dollar Index, the greenback inched […]