Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Thursday, as an unexpected increase in U.S. wholesale prices lowered expectations that the U.S. Federal Reserve would cut interest rates in September. The Canadian dollar settled at US$0.7243 or US$1=C$1.3806, which compares with Wednesday’s close of US$0.7264 or US$1=C$1.3767. Gains […] Read more
