Currency Markets

By Commodity News Service Canada Winnipeg, MB, March 12, 2015 (CNS Canada) – The Canadian dollar was higher against its American counterpart at midday Thursday, as speculation grew the Bank of Canada may not match an expected interest rate hike by the US Federal Reserve. The loonie was at US$0.7838 or US$1 = C$1.2758 at […] Read more

By Commodity News Service Canada Winnipeg, March 12 – The Canadian dollar was higher against its American counterpart Thursday morning, correcting itself after hitting a six-year low on Wednesday. At 8:55 CDT Thursday morning, the loonie was up 0.0060 of a cent to US$0.7907 or US$1 = C$1.2647. The loonie has been working to shrug […] Read more

By Commodity News Service Canada WINNIPEG, March 11 – The Canadian dollar continued its downward spiral against the US dollar on Wednesday. Much of the Canadian dollar’s weakness was linked to expectations that the US Federal Reserve will raise interest rates in June, according to analysts. The Canadian dollar closed at US$0.7836 or US$1=C$1.2761 on […] Read more

By Commodity News Service Canada Winnipeg, March 11 – The Canadian dollar was lower against its American counterpart at midday Wednesday, pushed downward by broad-based US-dollar strength, according to an analyst. The loonie was at US$0.7838 or US$1 = C$1.2758 at 11:45 CDT Wednesday morning. Investors are betting that the US Federal Reserve will move […] Read more

By Commodity News Service Canada Winnipeg, March 11 – The Canadian dollar was lower against its American counterpart Wednesday morning, due to a lack of domestic data amid relatively weak oil prices. At 8:50 CDT Wednesday morning, the loonie was down 0.0011 of a cent to US$0.7870 or US$1 = C$1.2706. The loonie fell half […] Read more

By Commodity News Service Canada WINNIPEG, March 10 – The Canadian dollar closed sharply weaker relative to the US dollar on Tuesday, following the losses seen in crude oil values, analysts said. The Canadian dollar closed at US$0.7886 or US$1=C$1.2680 on Tuesday, which compares with Monday’s North American settlement of US$0.7939 or US$1=C$1.2596. Ongoing expectations […] Read more

By Commodity News Service Canada Winnipeg, March 10 – The Canadian dollar was lower against its American counterpart at midday Tuesday, weighed down by losses in gold and oil. The loonie was at US$0.7904 or US$1 = C$1.2554 at 11:45 CDT Tuesday morning. Concerns over the prospect of an early rate hike by the US […] Read more

By Commodity News Service Canada WINNIPEG, March 9 – The Canadian dollar closed firmer relative to the US dollar on Monday, seeing a slight correction after Friday’s sharp declines, analysts said. The Canadian dollar closed at US$0.7939 or US$1=C$1.2596 on Monday, which compares with Friday’s North American settlement of US$0.7930 or US$1=C$1.2610. Spillover support for […] Read more

By Commodity News Service Canada Winnipeg, March 9 – The Canadian dollar was higher against its American counterpart at midday Monday, pushed upwards by advances in gold and oil. The loonie was at US$0.7945 or US$1 = C$1.2559 at 11:45 CDT Monday morning. The dollar was pressured however by some underwhelming housing data. A new […] Read more

By Commodity News Service Canada Winnipeg, March 9 – The Canadian dollar was higher against its American counterpart Monday morning, as rising commodities offset a weaker-than-expected housing report. At 8:45 CST Monday morning, the loonie was up 0.0016 of a cent to US$0.7941 or US$1 = C$1.2593. February housing starts were pegged at an annualized […] Read more