Canadian Financial Close: Loonie, crude oil advance

The Canadian dollar reached its highest close in nine days on Wednesday, aided by higher crude oil prices. The loonie closed at US$0.7235 or US$1=C$1.3821 on Wednesday, compared to US$0.7227 or US$1=C$1.3837 on Tuesday. The United States Dollar Index was unchanged at 98.23 points. Crude oil prices recovered some of its Tuesday losses despite the […] Read more




ICE Midday: Canola in the red again

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly in negative territory in the middle of trading on Wednesday morning, pulled lower by losses in Chicago soyoil. Meanwhile, gains in European rapeseed and Malaysian palm oil were supportive. Crude oil was also higher as the trade weighed the war in Ukraine, United States stockpiles […] Read more