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Apr. 2, 2024 at 3:43 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held steady on Monday, as support from gains in energy markets was countered by uncertainty over looming interest rate cuts from the Bank of Canada. The Canadian dollar settled at US$0.7368 or US$1=C$1.3572 on Tuesday, which compares with Monday’s […]

Apr. 2, 2024 at 9:00 am CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Tuesday morning, as support from gains in crude oil was countered by pressure from losses in equity markets. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7365 or US$1=C$1.3578, which compares with Monday’s close of […]

Apr. 1, 2024 at 3:41 pm CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer on Monday as activity resumed after the long weekend. The Canadian dollar settled at US$0.7367 or US$1=C$1.3574 on Monday, which compares with Thursday’s close of US$0.7380 or US$1=C$1.3550. The Bank of Canada’s quarterly business outlook survey showed […]

Apr. 1, 2024 at 8:46 am CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Monday morning lacking any clear direction. Many government offices were closed for Easter Monday. At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7376 or US$1=C$1.3557, which compares with Thursday’s close of US$0.7380 or US$1=C$1.3550. Crude […]

Mar. 28, 2024 at 3:36 pm CDT

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed higher Friday, fueled by upticks in global crude oil prices and a positive economic report from Statistics Canada. The loonie closed at US$0.7380 or US$1=C$1.3550, compared to Wednesday’s finish of US$0.7360 or US$1=C$1.3587. On the United States Dollar […]