Currency Markets

By Commodity News Service Canada Winnipeg, April 16 – The Canadian dollar was stronger on Thursday, hitting its highest levels relative to its US counterpart of 2015 as currency traders continued to react to the relatively optimistic economic sentiments out of the Bank of Canada on Wednesday. The Canadian currency late in the afternoon was […] Read more

By Commodity News Service Canada WINNIPEG, April 16 – The Canadian dollar was stronger at midday Thursday, seeing some follow-through buying interest after rallying sharply on Wednesday. At 11:45 CDT, the Canadian dollar was trading at US$0.8190 or US$1=C$1.2210 which compares with Wednesday’s close of US$0.8130 or US$=C$1.2300. The Canadian dollar jumped by over a […] Read more

By Commodity News Service Canada Winnipeg, April 16 – The Canadian dollar was higher against its American counterpart Thursday morning, as Brent crude oil hit a high for 2015. At 8:55 CDT Thursday morning, the loonie was up 0.0053 of a cent to US$0.8186 or US$1 = C$1.2219. Oil’s sudden rise boosted Brent crude to […] Read more

By Commodity News Service Canada WINNIPEG, April 15 – The Canadian dollar was sharply stronger relative to its US counterpart at midday Wednesday, as the currency markets reacted to the latest interest rate announcement from the Bank of Canada. At 11:30 CDT, the Canadian dollar was trading at US$0.8070 or US$1=C$1.2392 which compares with Tuesday’s […] Read more

By Commodity News Service Canada Winnipeg, April 15 – The Canadian dollar was lower against its American counterpart Wednesday morning, amid weak Chinese economic data. At 8:58 CDT Wednesday morning, the loonie was down 0.0027 of a cent to US$0.7980 or US$1 = C$1.2531. According to China’s statistics bureau, Gross domestic product (GDP) grew at […] Read more

By Commodity News Service Canada WINNIPEG, April 14 – The Canadian dollar ended higher against its US counterpart Tuesday, finding support from disappointing US retail sales data, analysts said. The US dollar index softened after data showed March retail sales were up 0.9 per cent last month, while a 1.1 per cent jump was anticipated. […] Read more

By Commodity News Service Canada Winnipeg, April 14 – The Canadian dollar was stronger relative to the US dollar at midday Tuesday, following the gains seen in crude oil values, analysts said. At 11:39 CDT Tuesday, the Canadian dollar was trading at US$0.8004 or US$1=C$1.2494, which compares with Monday’s North American close of US$0.7942 or […] Read more

By Commodity News Service Canada Winnipeg, April 14 – The Canadian dollar was higher against its American counterpart Tuesday morning, after a report came out showing Canadian home prices were on the rise. At 8:50 CDT Tuesday morning, the loonie was up 0.0073 of a cent to US$0.8015 or US$1 = C$1.2477. The Teranet-National Bank […] Read more

By Commodity News Service Canada WINNIPEG, April 13 – The Canadian dollar ended lower relative to the US dollar on Monday, reacting to disappointing Chinese trade data, analysts said. Reports say Chinese exports were down 14.6 per cent compared to the year prior in March, while pre-report expectations called for exports to rise 8.2 per […] Read more

By Commodity News Service Canada Winnipeg, April 13 – The Canadian dollar was down slightly against its US counterpart at midsession Monday. General strength in the US dollar index and the movement of money out of riskier commodity-based currencies weighed on the Canadian dollar, analysts said. At 11:48 CDT Monday, the Canadian dollar was trading […] Read more