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By Commodity News Service Canada Winnipeg, September 2 – The Canadian dollar fell lower Wednesday as investors positioned themselves before the release of crucial labor reports. At 4:00 CDT Wednesday, the loonie was at US$0.7531 or US$1 = C$1.3278. US and Canadian job data is due on Friday. Depending on the numbers that come in, […] Read more

By Commodity News Service Canada WINNIPEG, September 2 – The Canadian dollar weakened against its US counterpart Wednesday morning in light of recession news and as crude oil prices dropped. At 8:45 a.m. CDT the Canadian dollar was at US$0.7551 or C$1.3243 which compares with Tuesday’s North American close of US$0.7563, or C$1.3222. On Tuesday […] Read more

By Commodity News Service Canada Winnipeg, September 1 – The Canadian dollar fell lower Tuesday due to losses in crude oil. Financial markets around the world bled a sea of red ink as Chinese economic worries mounted. At 4:00 CDT Tuesday, the loonie was at US$0.7563 or US$1 = C$1.3222. US crude oil dropped 8% […] Read more

By Commodity News Service Canada WINNIPEG, September 1 – The Canadian dollar strengthened against its US counterpart Tuesday morning as Statistics Canada released a report on real gross domestic product, showing both good and bad economic indicators. At 9:00 a.m. CDT the Canadian dollar was at US$0.7613 or C$1.3135 which compares with Monday’s North American […] Read more

By Commodity News Service Canada Winnipeg, August 31 – The Canadian dollar rallied Monday as gains in crude oil pushed the market higher. At 4:00 CDT Monday, the loonie was at US$0.7618 or US$1 = C$1.3127. US crude oil gained 7.4% on the New York Mercantile exchange, to hit its highest point since July 21. […] Read more

By Commodity News Service Canada WINNIPEG, August 31 – The Canadian dollar weakened against its US counterpart Monday morning as crude oil prices fell, and as Statistics Canada released a report on Canada’s balance of international payments. At 8:55 a.m. CDT the Canadian dollar was at US$0.7509 or C$1.3317 which compares with Friday’s North American […] Read more

By Commodity News Service Canada. Winnipeg, August 28 – The Canadian dollar was lower against its US counterpart at midday Friday, pushed downward by declines in Canada’s raw materials price index. The Canadian dollar was at US$0.7560 or US$1 = C$1.3323 at 11:45 CDT Friday. A new report shows that Canada’s industrial product price index […] Read more

By Commodity News Service Canada WINNIPEG, August 28 – The Canadian dollar weakened against its US counterpart Friday morning as crude oil prices handed back yesterday’s gains, and Statistics Canada released a report on natural gas transportation and distribution. At 8:30 a.m. CDT the Canadian dollar was at US$0.7524 or C$1.3291 which compares with Thursday’s […] Read more

By Commodity News Service Canada Winnipeg, August 27 – The Canadian dollar was stronger on Thursday, as a rally in crude oil helped underpin the energy-linked currency. The Canadian currency late in the afternoon was quoted at US$0.7565 or US$1=C$1.3218. This compares with Wednesday’s North American close of US$0.7506, or US$=C$1.3322. Crude oil was up […] Read more

By Commodity News Service Canada. Winnipeg, August 27 – The Canadian dollar was higher against its US counterpart at midday Thursday, fueled by sharp advances in the crude oil sector. The Canadian dollar was at US$0.7578 or US$1 = C$1.3196 at 12:05 CDT Thursday. New numbers show the average weekly earnings of Canadian non-farm payroll […] Read more