Canadian forex review: C$ falls with crude oil

By Commodity News Service Canada WINNIPEG, August 21 – The Canadian dollar eased against the US dollar on Friday, following weakness in crude oil values, analysts said. The Canadian dollar closed at US$0.7593 or US$1=C$1.3169 on Friday, which compares with Thursday’s North American settlement of US$0.7645 or US$1=C$1.3081. Ongoing worries about slow economic growth in […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, August 21 – The Canadian dollar weakened slightly against its US counterpart Friday morning despite Statistics Canada’s better than expected report on retail trade and the Consumer Price Index. At 8:30 a.m. CDT the Canadian dollar was at US$0.7644 or C$1.3082 which compares with Thursday’s North American close of […] Read more



Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, August 20 – The Canadian dollar weakened against its US counterpart Thursday morning as Statistics Canada released a report on wholesale trade, and as American analysts say they expect a delayed interest rate hike from the US Federal Reserve. At 8:55 a.m. CDT the Canadian dollar was at US$0.7625 […] Read more


Canadian forex review: C$ drops with crude oil

By Commodity News Service Canada WINNIPEG, August 19 – The Canadian dollar dropped against the US dollar on Wednesday, following weakness in crude oil prices, which fell more than 4.5 per cent, analysts said. The Canadian dollar closed at US$0.7628 or US$1=C$1.3110 on Wednesday, which compares with Tuesday’s North American settlement of US$0.7659 or US$1=C$1.3056. […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, August 19 – The Canadian dollar weakened against its US counterpart Wednesday morning as the US Federal Reserve is expected to release minutes from its latest meeting, and as crude oil prices continued to sink. At 9:00 a.m. CDT the Canadian dollar was at US$0.7645 or C$1.3080 which compares […] Read more


Canadian forex review: C$ firms slightly

By Commodity News Service Canada WINNIPEG, August 18 – The Canadian dollar ended slightly higher against the US dollar on Tuesday, taking some direction from strength in crude oil values, analysts said. The Canadian dollar closed at US$0.7659 or US$1=C$1.3056 on Tuesday, which compares with Monday’s North American settlement of US$0.7642 or US$1=C$1.3085. Sentiment that […] Read more

Canadian Forex Midday: C$ holding steady

By Commodity News Service Canada WINNIPEG, Aug. 18 – The Canadian dollar was holding near unchanged at midday Tuesday, as a slightly firmer tone in crude oil provided some support for the energy-linked currency. At 11:51 CDT, the Canadian dollar was trading at US$0.7648 or US$1=C$1.3075 which compares with Monday’s close of US$0.7642 or US$=C$1.3085. […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, August 18 – The Canadian dollar held steady to slightly weaker against its US counterpart Tuesday morning as crude oil prices stayed relatively stable, but low. At 8:45 a.m. CDT the Canadian dollar was at US$0.7640 or C$1.3089 which compares with Monday’s North American close of US$0.7642, or C$1.3085. […] Read more

Canadian forex review: C$ holding steady

By Commodity News Service Canada WINNIPEG, August 17 – The Canadian dollar ended relatively steady against the US dollar on Monday, seeing a consolidation following recent declines, analysts said. The Canadian dollar closed at US$0.7642 or US$1=C$1.3085 on Monday, which compares with Friday’s North American settlement of US$0.7638 or US$1=C$1.3092. The Canadian currency’s movement was […] Read more