Canadian Forex Midday: C$ Declining On Oil Concerns

By Commodity News Service Canada Winnipeg, March 31 – The Canadian dollar was lower against its American counterpart at midday Tuesday, as talks between Iran and western nations about the Middle Eastern nation’s nuclear program intensified. The loonie was at US$0.7883 or US$1 = C$1.2685 at 11:35 CDT Tuesday morning. Brent crude oil neared US$55 […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, March 31 The Canadian dollar moved lower against the US dollar Tuesday morning, as the crude oil market continued to fall, analysts said. At 8:43 CDT Tuesday, the Canadian dollar was at US$0.7860 or US$=C$1.2723, which compares with Monday’s North American close of US$0.7878 or US$1=C$1.2693. Ongoing worries about […] Read more


Canadian forex review: C$ drops sharply

By Commodity News Service Canada WINNIPEG, March 30 – The Canadian dollar was down sharply against the US dollar on Monday, following the weakness seen in crude oil values, analysts said. Oil is one of Canada’s biggest export commodities, so weakness in prices is unfavourable for the country’s economy, brokers added. The Canadian dollar closed […] Read more

Canadian Forex Midday: C$ Drifts Lower

By Commodity News Service Canada Winnipeg, March 30 – The Canadian dollar was lower against its American counterpart at midday Monday, as the possibility of a deal between Iran and Western nations began to emerge. The loonie was at US$0.7878 or US$1 = C$1.2693 at 11:35 CDT Monday morning. Oil prices fell as speculation swirled […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, March 30 The Canadian dollar was softer relative to the US dollar Monday morning, as crude oil values continued to tumble, analysts said. At 8:49 CDT Monday, the Canadian dollar was at US$0.7907 or US$=C$1.2647, which compares with Friday’s North American close of US$0.7937 or US$1=C$1.2600. General strength in […] Read more

Canadian forex review: C$ down sharply as oil plunges

By Commodity News Service Canada WINNIPEG, March 27 – The Canadian dollar was down sharply against the US dollar on Friday, undermined by a plunging crude oil market. The Canadian dollar closed at US$0.7937 or US$1=C$1.2600 on Friday, which compares with Thursday’s North American settlement of US$0.8019 or US$1=C$1.2471. Traders were also flocking to more […] Read more


Canadian forex midday: C$ weakens

By Commodity News Service Canada Winnipeg, March 27 – The Canadian dollar was weaker against the US dollar at midday Friday, following the losses seen in crude oil values, analysts said. At 11:44 CDT Friday, the Canadian dollar was trading at US$0.7954 or US$1=C$1.2572, which compares with Thursday’s North American close of US$0.8019 or US$1=C$1.2471. […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg March 27 – The Canadian dollar was slightly lower against its American counterpart Friday morning, as gold and oil both fell in pre-weekend trading. At 8:45 CDT Friday morning, the loonie was up 0.0015 of a cent to US$0.7995 or US$1 = C$1.2507. European stocks appeared headed for their […] Read more


Canadian forex review: C$ climbs with crude oil

By Commodity News Service Canada WINNIPEG, March 26 – The Canadian dollar was stronger against the US dollar on Thursday, following the rally seen in crude oil values, analysts said. The Canadian dollar closed at US$0.8019 or US$1=C$1.2471 on Thursday, which compares with Wednesday’s North American settlement of US$0.7989 or US$1=C$1.2517. Some support also came […] Read more

Canadian forex midday: C$ strengthens

By Commodity News Service Canada Winnipeg, March 26 – The Canadian dollar was stronger relative to the US dollar at midday Thursday, underpinned by a climbing crude oil market, analysts said. At 11:40 CDT Thursday, the Canadian dollar was trading at US$0.8019 or US$1=C$1.2470, which compares with Wednesday’s North American close of US$0.7989 or US$1=C$1.2517. […] Read more