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May. 22, 2024 at 8:41 am CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly weaker Wednesday morning as losses in crude oil weighed on the energy-linked currency. The United States Federals Open Market Committee will release the minutes of its May meeting later in the day, which should provide some insight on […]

May. 21, 2024 at 4:00 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Tuesday, pressured by a slowdown in the country’s inflation rate. The Canadian dollar settled at US$0.7327 or US$1=C$1.3649 on Monday, which compares with Friday’s close of US$0.7345 or US$1=C$1.3615. Canada’s annual inflation rate slowed to 2.7 […]

May. 21, 2024 at 9:06 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker Tuesday morning as currency traders reacted to updated inflation data. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7323 or US$1=C$1.3656, which compares with Friday’s close of US$0.7345 or US$1=C$1.3615. Canadian markets were closed Monday […]

May. 17, 2024 at 3:54 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held relatively steady on Friday, lacking any clear direction as traders moved to the sidelines ahead of the Victoria Day long weekend. The Canadian dollar settled at US$0.7345 or US$1=C$1.3615 on Friday, which compares with Thursday’s close of US$0.7342 […]

May. 17, 2024 at 9:10 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Friday morning. At 9:07 a.m. CDT the Canadian dollar was trading at US$0.7339 or US$1=C$1.3626, which compares with Thursday’s close of US$0.7342 or US$1=C$1.3620. Canadian investors acquired a record C$35.6 billion of foreign securities in March […]