Currency Markets

By Commodity News Service Canada Winnipeg, January 14 – The Canadian dollar was little changed against its American counterpart at midday Wednesday, as gloomy forecasts for economic growth sent commodities plunging. The loonie was at US$0.8366 or US$1 = C$1.1953 at 11:40 CST Wednesday morning. A report by the World Bank indicated the strengthening US […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 14 The Canadian dollar was firmer relative to the US dollar Wednesday morning, underpinned by ideas that recent losses were overdone, analysts said. At 8:55 CST Wednesday, the Canadian dollar was at US$0.8378 or US$=C$1.1936, which compares with Tuesday’s North American close of US$0.8365 or US$1=C$1.1954. Though, the […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 13 – The Canadian dollar was slightly firmer relative to the US dollar on Tuesday, seeing an upward correction following Monday’s sharp decline, analysts said. The Canadian dollar closed at US$0.8365 or US$1=C$1.1954 on Tuesday, which compares with Monday’s North American settlement of US$0.8356 or US$1=C$1.1967. Signs that […] Read more

By Commodity News Service Canada Winnipeg, January 13 – The Canadian dollar was higher against its American counterpart at midday Tuesday, as the American greenback weakened amid mixed economic news from China. The loonie was at US$0.8372 or US$1 = C$1.1936 at 11:45 CST Tuesday morning. Crude oil hit its lowest point in six years […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 13 The Canadian dollar strengthened relative to the US dollar Tuesday morning, seeing an upward correction after Monday’s sharp decline, analysts said. At 8:49 CST Tuesday the Canadian dollar was at US$0.8376 or US$=C$1.1939, which compares with Monday’s North American close of US$0.8356 or US$=C$1.1967. News that China’s […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 12 – The Canadian dollar was down sharply relative to the US dollar on Monday, dropping nearly three-quarters of a cent. The loonie’s decline was linked to ongoing weakness in crude oil values, which fell another nearly 5 per cent Monday. The Canadian dollar closed at US$0.8356 or […] Read more

By Commodity News Service Canada Winnipeg, January 12 – The Canadian dollar was lower against its American counterpart at midday Monday, as tumbling oil prices weighed down the loonie. The loonie was at US$0.8378 or US$1 = C$1.1936 at 11:45 CST Monday morning. A report by Goldman Sachs which reduced forecasts for global benchmark crude […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 12 The Canadian dollar was sharply lower relative to the U.S. dollar Monday morning, dropping below the 84 cents US mark. At 8:51 CST Monday the Canadian dollar was at US$0.8395 or US$=C$1.1912, which compares with Friday’s North American close of US$0.8427 or US$=C$1.1866. The weakness was linked […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 9 – The Canadian dollar dropped nearly a quarter-of-a-cent against the US dollar Friday, reacting to weak Canadian employment data, analysts said. According to Statistics Canada, 4,300 jobs were lost from the Canadian economy in December, while the unemployment rate held steady at 6.6 per cent. Pre-report expectations […] Read more

By Commodity News Service Canada Winnipeg, January 9 – The Canadian dollar was slightly lower against its American counterpart at midday Friday, due to disappointing job numbers and housing data, traders said. The loonie was at US$0.8433 or US$1 = C$1.1858 at 11:35 CST Friday morning. Housing starts in December came at an annualized pace […] Read more