Currency Markets

By Commodity News Service Canada Winnipeg, April 7 – The Canadian dollar was slightly lower against its American counterpart at midday Tuesday, as concerns grew about a potential over-supply of US oil. The loonie was at US$0.8006 or US$1 = C$1.2490 at 11:45 CDT Tuesday morning. Brent crude oil dropped below US$58 a barrel as […] Read more

By Commodity News Service Canada WINNIPEG, April 7 The Canadian dollar eased relative to the US dollar Tuesday morning, undermined by weakness in crude oil values, analysts said. At 8:58 CDT Tuesday, the Canadian dollar was at US$0.8000 or US$=C$1.2500, which compares with Monday’s North American close of US$0.8014 or US$1=C$1.2478. General strength in the […] Read more

By Commodity News Service Canada WINNIPEG, April 6 – The Canadian dollar was firmer relative to the US dollar on Monday, reacting to disappointing US employment data, which was release on Good Friday, April 3. The US government said 126,000 new jobs were created in March, the lowest amount seen in the past 12 months. […] Read more

By Commodity News Service Canada Winnipeg, April 6 – The Canadian dollar was slightly higher against its American counterpart at midday Monday, pushed upward by strengthening oil prices. The loonie was at US$0.8032 or US$1 = C$1.2450 at 11:35 CDT Monday morning. Saudi Arabia’s decision to raise crude prices for Asia signaled improving demand in […] Read more

By Commodity News Service Canada WINNIPEG, April 6 – The Canadian dollar moved higher relative to the US dollar on Monday, with strength in crude oil providing some support, analysts said. At 8:46 CST Monday, the Canadian dollar was at US$0.8020 or US$=C$1.2469, which compares with Thursday’s North American close of US$0.7959 or US$1=C$1.2564. Markets […] Read more

By Commodity News Service Canada WINNIPEG, April 2 – The Canadian dollar was stronger relative to the US dollar on Thursday, as traders squared positions ahead of the long weekend, with both markets closed for Good Friday on April 3. The Canadian dollar closed at US$0.7959 or US$1=C$1.2564 on Thursday, which compares with Wednesday’s North […] Read more

By Commodity News Service Canada Winnipeg, April 2 – The Canadian dollar was higher against its American counterpart at midday Thursday, as oil prices steadied. The loonie was at US$0.7952 or US$1 = C$1.2575 at 11:40 CDT Thursday morning. A new report shows that Canada’s trade deficit dropped from C$1.48 billion in January to C$984 […] Read more

By Commodity News Service Canada Winnipeg, April 2 – The Canadian dollar was slightly higher against its American counterpart Thursday morning, on the heels of an announcement by the Canadian government that it would release the federal budget on April 21. At 8:50 CDT Thursday morning, the loonie was up 0.0019 of a cent to […] Read more

By Commodity News Service Canada WINNIPEG, April 1 – The Canadian dollar was firmer relative to the US dollar on Wednesday, finding some spillover support from the gains seen in crude oil values, analysts said. The Canadian dollar closed at US$0.7920 or US$1=C$1.2626 on Wednesday, which compares with Tuesday’s North American settlement of US$0.7895 or […] Read more

By Commodity News Service Canada Winnipeg, April 1 – The Canadian dollar was higher against its American counterpart at midday Wednesday, as a weak jobs report in the US was met with rising oil prices. The loonie was at US$0.7947 or US$1 = C$1.2685 at 11:45 CDT Wednesday morning. US stock builds turned out smaller […] Read more