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Jan. 19, 2024 at 3:51 pm CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar managed to move higher on Friday, taking back most of the losses relative to its United States counterpart posted over the past week. The Canadian dollar settled at US$0.7428 or US$1=C$1.3462 on Friday, which compares with Thursday’s close of US$0.7405 […]

Jan. 19, 2024 at 9:01 am CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was showing some modest strength Friday morning, with gains in crude oil providing underlying support. At 8:39 a.m. CST the Canadian dollar was trading at US$0.7419 or US$1=C$1.3479, which compares with Thursday’s close of US$0.7405 or US$1=C$1.3505. Canadian retail sales […]

Jan. 18, 2024 at 3:51 pm CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm –  The Canadian dollar edged higher relative to its United States counterpart on Thursday, with gains in crude oil providing some support to the energy-linked currency. The Canadian dollar settled at US$0.7405 or US$1=C$1.3505 on Wednesday, which compares with Wednesday’s close of US$0.7395 or […]

Jan. 18, 2024 at 8:53 am CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer Thursday morning, as investors continued to weigh the likelihood of interest rate adjustments from central banks over the next few weeks. At 8:39 a.m. CST the Canadian dollar was trading at US$0.7401 or US$1=C$1.3512, which compares with […]

Jan. 17, 2024 at 4:01 pm CST

Canadian Financial Close: C$ hits five-week low   By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Wednesday, hitting its lowest level in five weeks relative to its United States counterpart as investors were reportedly backing away from riskier assets. The Canadian dollar settled at […]