Markets

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar maintained its upward trajectory on Tuesday.      The loonie was at US$0.7224 or US$1=C$1.3843 as of 8:38 a.m. CST, compared to Monday’s close at US$0.7210 or US$1=C$1.3870.      The United States Dollar Index lost 0.87 of a point at 98.52. U.S. markets reopened last night after being closed for […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar closed above the 72 United States cent mark for the first time in five days.          The loonie settled at US$0.7210 or US$1=C$1.3870, compared to US$0.7188 or US$1=C$1.3913 on Friday. Statistics Canada reported today that Canada’s annual inflation rate increased to 2.4 per cent, exceeding analysts’ expectations of it […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar surpassed the 72 United States cent mark on Monday morning after the release of new data from Statistics Canada.      The loonie was at US$0.7201 or US$1=C$1.3887 as of 8:33 a.m. CST, compared to Friday’s close at US$0.7188 or US$1=C$1.3913.      StatCan reported that the country’s annual inflation rate […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Friday The Canadian dollar settled at US$0.7188 or US$1=C$1.3913, which compares with Thursday’s close of US$0.7195 or US$1=C$1.3899. Canada and China reached a preliminary deal that will see China lower its tariffs on Canadian products, including canola, in exchange for […] Read more