Canadian Dollar and Business Outlook: Loonie jumps above 73 U.S. cents

Greenback hits three-year lows

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – There’s a hike in the Canadian dollar on Thursday morning, as its United States counterpart falls back. As of 8:35 am CDT, the loonie was at US$0.7324 or US$1=C$1.3655 compared to Wednesday’s close of US$0.7280 or US$1=C$1.3737. On the U.S. Dollar Index, the greenback lost 0.423 of […] Read more



ICE canola weekly outlook: Uptrend intact despite selloff

ICE canola weekly outlook: Uptrend intact despite selloff

Nov canola holds above 20-day moving average

Reading Time: < 1 minute ICE Futures canola fell from contract highs as summer officially began and wild swings in outside markets weighed on values. However, support held to the downside and the uptrend remained intact ahead of a pair of key reports that could provide some nearby direction.



Canadian Financial Close: Loonie can’t sustain gains

Canadian dollar reverses course to fall back

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped back on Wednesday, unable to increase on the rise in crude oil. The loonie finished at US$0.7280 or US$1=C$1.3737, compared to Tuesday’s close of US$0.7293 or US$1=C$1.3712. The United States Dollar Index dipped 0.135 of a point at 97.315. Benchmark crude oil […] Read more


North American grain/oilseed review: Canola up Wednesday despite soy losses

Reading Time: 2 minutes      Glacier FarmMedia — The ICE Futures canola market was stronger Wednesday, as tight old crop supplies and bullish chart signals underpinned the market. The gains in canola came despite losses in the Chicago soy complex. European rapeseed was also weaker on the day, although crude oil and Malaysian palm oil were stronger. The November […] Read more




ICE canola correcting higher at midday Wednesday

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Wednesday, seeing a modest correction after dropping sharply earlier in the week. The most-active November contract was holding just above its 20-day moving average at midsession, with the general uptrend still intact despite the recent losses. Chicago soyoil and Malaysian palm […] Read more