Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly firmer Tuesday morning, as markets reacted to updated inflation data.      At 8:49 a.m. CDT the Canadian dollar was trading at US$0.7129 or US$1=C$1.4027 which compares with Monday’s close of US$0.7125 or US$1=C$1.4036.      Statistics Canada reported that the country’s annual rate of inflation came in at […] Read more

ICE Canada Morning Comment: Canola headed lower

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures stepped back Tuesday morning, pressured lower by losses in Chicago soyoil and Malaysian palm oil. The declines were tempered by gains in Chicago soybeans and MATIF rapeseed. Spillover from increases in crude oil underpinned the vegetable oils. The most-traded January contract slipped below […] Read more



Canadian Financial Close: C$ steady Monday

Glacier FarmMedia — The Canadian dollar was unchanged at Monday’s close, lacking any clear direction.      The Canadian dollar settled at US$0.7125 or US$1=C$1.4036, which compares with Friday’s close of US$0.7125 or US$1=C$1.4035.      Canada’s Industrial Product Price Index was up by 0.8 per cent in September compared to the previous month, marking a 5.5 […] Read more









ICE Midday: Canola steady to higher

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were steady to higher at midday Monday, with the largest gains in the deferred months. Chicago soyoil was steady, while European rapeseed and Malaysian palm oil were up. However, slow Chinese economic growth as well as oversupply concerns are pressuring crude oil prices. While canola doesn’t […] Read more