Exchange rates

USDCAD

Real-time Estimate TTMZero 06:07:31 2025-01-22 EST			5-day change	1st Jan Change
1.4314 ^CAD	-0.16%		-0.06%	-0.48%

01-21	TSX Closer: The Index Rises For a Sixth Session as Inflation Eases While Trump Promises Tariffs Are on the Way	MT
01-21	Bank of Canada Should Take A Breather and Hold Next Week After CPI Data, Says Scotiabank	MT

ICE Canola Rally Continues

December 11, 2024 at 10:02 am

WINNIPEG, Manitoba--The ICE Futures canola market continued its climb on Wednesday morning despite negative vegetable oils.

Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red. Meanwhile, crude oil was higher amid tensions in the Middle East and speculation the Biden administration may impose harsher sanctions against Russian oil.

The Canadian dollar was down less than one-tenth of a United States cent compared to Tuesday's close. The Bank of Canada is expected to announce a 50 basis point cut to its key interest rate this morning.

Nearly 15,500 contracts were traded. Prices in Canadian dollars per metric ton as of 8:35 CST:


 
           Price      Change 
Jan.      622.20     up 0.50 
Mar.      631.00     up 1.40 
May       637.40     up 1.20 
Jul.      639.90     up 0.90

Source: Commodity News Service Canada, news@marketsfarm.com

(END) Dow Jones Newswires

12-11-24 1001ET

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	US DOLLAR / CANADIAN DOLLAR	1.4314CAD	-0.16%	-0.06%	-
	CANADIAN DOLLAR / US DOLLAR	0.6987USD	+0.22%	+0.10%	-

Latest news about USD / CAD

TSX Closer: The Index Rises For a Sixth Session as Inflation Eases While Trump Promises Tariffs Are on the Way	01-21	MT
Bank of Canada Should Take A Breather and Hold Next Week After CPI Data, Says Scotiabank	01-21	MT
Toronto Stocks Advance, Echoing Gains on Wall Street	01-21	DJ
Canada Inflation Eases to 1.8% Thanks to Tax Break -- 2nd Update	01-21	DJ
Canada's CPI Growth Edges Lower on Tax Holiday in December, Notes RBC	01-21	MT
Morgan Stanley Says CPI Leaves Door Open to Next Week's Bank of Canada Rate Cut	01-21	MT
CIBC on Economic Forecast, Markets Reaction After Canada's CPI Data	01-21	MT
Canada's December CPI Catches A Tax Break, Says BMO	01-21	MT
GST Tax Break Pushes Canadian Inflation Down A Tick in December, Says TD	01-21	MT
Canada's CPI Falls "Materially" in December Thanks to The GST Break, Notes Desjardins	01-21	MT
CIBC Comments on Canada's CPI	01-21	MT
Scotiabank Previews Tuesday's CPI Data in Canada	01-21	MT
SocGen Previews Tuesday's CPI Data in Canada; Comments on Bank of Canada's Business Survey	01-21	MT
Instant View: Canada's annual inflation rate eases to 1.8% in December	01-21	RE
BMO on The Day Ahead in Canada	01-21	MT
Canada Inflation Eases to 1.8% Thanks to Tax Break	01-21	DJ
ING Comments on Canadian Dollar, Mexico's Peso After U.S. Feb. 1 Trade Tariff Threat	01-21	MT
US Dollar Improves Early Tuesday After Monday Holiday, Before Light Data Week	01-21	MT
Bank of Canada's Business Outlook Survey Has Something to Please Everyone But Misses U.S. Tariff Tensions, Says Rosenberg Research	01-21	MT
Canada's annual inflation rate drops to 1.8% in December on sales tax relief	01-21	RE
Inflation Expectations Rise as Trump Takes Office; Fed Withdraws From Climage Group	01-21	DJ
BMO Comments on Bank of Canada's Business, Consumer Surveys	01-20	MT
Canadian Firms, Consumers Paint A Cautiously Positive Outlook in Q4 2024, Says TD	01-20	MT
Canadian dollar jumps as Canada avoids immediate U.S. tariffs	01-20	RE
UBS Says The Canadian Dollar Is "in The Eye of The Tiger"	01-20	MT