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Feb. 2, 2024 at 3:50 pm CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar weakened relative to its United States counterpart on Friday as jobs data out of the U.S. beat expectations. The Canadian dollar settled at US$0.7433 or US$1=C$1.3454 on Friday, which compares with Thursday’s close of US$0.7460 or US$1=C$1.3404. U.S. nonfarm payrolls […]

Feb. 2, 2024 at 9:00 am CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker Friday morning, as employment data out of the United States beat expectations. At 8:39 a.m. CST the Canadian dollar was trading at US$0.7429 or US$1=C$1.3461, which compares with Thursday’s close of US$0.7460 or US$1=C$1.3404. U.S. nonfarm payrolls increased […]

Feb. 1, 2024 at 3:57 pm CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar held relatively steady on Thursday, with spillover support from gains in equity markets countered by pressure from losses in crude oil. The Canadian dollar settled at US$0.7460 or US$1=C$1.3404 on Thursday, which compares with Wednesday’s close of US$0.7464 or US$1=C$1.3397. […]

Feb. 1, 2024 at 9:11 am CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Thursday morning, as general strength in the United States dollar internationally weighed on the currency. At 8:51 a.m. CST the Canadian dollar was trading at US$0.7447 or US$1=C$1.3428, which compares with Wednesday’s close of US$0.7464 or US$1=C$1.3397. The […]

Jan. 31, 2024 at 3:53 pm CST

Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer on Wednesday, underpinned by solid inflation data. However, losses in crude oil and the latest interest rate decision from the United States Federal Reserve put some pressure on the currency. The Canadian dollar settled at US$0.7464 or US$1=C$1.3397 on Wednesday, […]