Markets

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday. The Canadian dollar settled at US$0.7284 or US$1=C$1.3728, which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada and the U.S. Federal Reserve left their key interest rates unchanged in policy announcements on Wednesday but warned of higher inflation. The Bank […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer Thursday morning, pressured by a declining appetite for risk in global financial markets amid the ongoing war in the Middle East. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719 which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Wednesday, as currency markets had a muted response to steady interest rate policy announcements from Canada and the United States. The Canadian dollar settled at US$0.7296 or US$1=C$1.3706, which compares with Tuesday’s close of US$0.7300 or US$1=C$1.3699. The Bank of Canada and the U.S. Federal […] Read more