Currency Markets

By Commodity News Service Canada Winnipeg, April 28 – The Canadian dollar was up sharply against the US dollar at midday Tuesday, breaking above the 83 cents US mark. Some of the strength was linked to positive remarks from Bank of Canada Governor Stephen Poloz Tuesday morning, as he said additional interest rate cuts won’t […] Read more

By Commodity News Service Canada Winnipeg, April 28 – The Canadian dollar was higher against its American counterpart Tuesday morning, buoyed by encouraging words from Bank of Canada governor Stephen Poloz. At 8:58 CDT Tuesday morning, the loonie was up 0.0019 of a cent to US$0.8290 or US$1 = C$1.2063. Poloz told a crowd he […] Read more

By Commodity News Service Canada WINNIPEG, April 27 – The Canadian dollar ended higher against its US counterpart Monday, with much of the buying technical in nature, according to analysts. The Canadian dollar closed at US$0.8264 or US$1=C$1.2101 on Monday, which compares with Friday’s North American settlement of US$0.8217 or US$1=C$1.2170. Further spillover support for […] Read more

By Commodity News Service Canada Winnipeg, April 27 – The Canadian dollar was up sharply against the US dollar at midday Monday, lifted by technical buying, analysts said. At 11:46 CDT Monday, the Canadian dollar was trading at US$0.8273 or US$1=C$1.2088, which compares with Friday’s North American close of US$0.8217 or US$1=C$1.2170. A firmer tone […] Read more

By Commodity News Service Canada Winnipeg, April 27 – The Canadian dollar was higher against its American counterpart Monday morning, as a round of disappointing US trade data continued to weigh down the US dollar. At 8:50 CDT Monday morning, the loonie was up 0.0043 of a cent to US$0.8249 or US$1 = C$1.2122. New […] Read more

By Commodity News Service Canada Winnipeg, April 24 – The Canadian dollar ended the week lower against the US dollar, as slowing oil prices weighed down the currency, analysts said. At 4:00 CDT Tuesday, the loonie was at US$0.8212 or US$1 = C$1.2177 as the Canadian dollar tracked oil amid a lack of domestic data. […] Read more

By Commodity News Service Canada Winnipeg, April 24 – The Canadian dollar was slightly lower against its US counterpart at midday Friday, as falling commodity prices offset positive earning reports for durable goods and restaurants in North America. The loonie was at US$0.8220 or US$1 = C$1.2165 at 11:45 CDT Friday morning. A new report […] Read more

By Commodity News Service Canada WINNIPEG, April 24 The Canadian dollar was holding near unchanged Friday morning, seeing some consolidation to start the day after posting solid gains relative to its US counterpart on Thursday. At 9:00 CDT Friday morning the Canadian dollar was at US$0.8222 or C$1.2162 which compares with Thursday’s North American close […] Read more

By Commodity News Service Canada Winnipeg, April 22 – The Canadian dollar was higher against its US counterpart at midday Thursday, on word Canadian banking giant CIBC was eyeing a $2 billion wealth-management and private banking acquisition, a report said. The loonie was at US$0.8246 or US$1 = C$1.2217 at 11:50 CDT Thursday morning. A […] Read more

By Commodity News Service Canada Winnipeg, April 22 – The Canadian dollar chalked up solid gains on Wednesday as new economic data painted a more optimistic picture for the country’s economic future. At 3:58 CDT Wednesday, the loonie was at US$0.8172 or US$1 = C$1.2236 as Japanese trade data mixed with hawkish statements from the […] Read more