Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, October 9 – The Canadian dollar strengthened against its US counterpart Friday as crude oil extended gains. At 8:50 a.m. CDT the Canadian dollar was at US$0.7703 or C$1.2982 which compares with Thursday’s North American close of US$0.7682, or C$1.3017. Brent crude oil futures were down in early activity, […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, October 7 – The Canadian dollar gained against its US counterpart Wednesday, supported by a surge in crude oil prices. At 8:45 a.m. CDT the Canadian dollar was at US$0.7693 or C$1.2999 which compares with Tuesday’s North American close of US$0.7676, or C$1.3027. After a prolonged price slump, crude […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, October 6 – The Canadian dollar held steady against its US counterpart Tuesday as Statistics Canada released a report on the country’s international merchandise trade. At 8:40 a.m. CDT the Canadian dollar was at US$0.7641 or C$1.3087, unchanged from Monday’s North American close. Canada’s total exports declined 3.6 per […] Read more



Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, October 5 – The Canadian dollar strengthened against its US counterpart Monday, as a lack of economic data from both countries helped the loonie capitalize on the greenback’s relative weakness. At 8:10 a.m. CDT the Canadian dollar was at US$0.7626 or C$1.3113 which compares with Friday’s North American close […] Read more



Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, October 2 – The Canadian dollar strengthened against its US counterpart Friday as a much-anticipated US jobs report fell short of analyst expectations. At 8:55 a.m. CDT the Canadian dollar was at US$0.7558 or C$1.3231 which compares with Thursday’s North American close of US$0.7544, or C$1.3255. Analysts had anticipated […] Read more

Canadian Forex Midday: C$ Strengthens

By Commodity News Service Canada WINNIPEG, Oct. 1 – The Canadian dollar was stronger at midday Thursday, seeing a further bounce off of the 11-year lows hit earlier in the week. At 12:03 CDT, the Canadian dollar was trading at US$0.7538 or US$1=C$1.3266 which compares with Wednesday’s close of US$0.7493 or US$=C$1.3345. Gains in crude […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, October 1 – The Canadian dollar strengthened against its US counterpart Thursday, extending its rally from a favourable GDP report and as crude oil prices firmed. At 8:45 a.m. CDT the Canadian dollar was at US$0.7557 or C$1.3233 which compares with Wednesday’s North American close of US$0.7493, or C$1.3345. […] Read more