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By Commodity News Service Canada Winnipeg, August 4 – The Canadian dollar was weaker against the US dollar on Tuesday, as global economic problems continued to overhang the market, analysts said. At 11:40 CDT Tuesday, the Canadian dollar was trading at US$0.7621 or US$1=C$1.3122, which compares with Friday’s North American close of US$0.7645 or US$1=C$1.3080. […] Read more

By Commodity News Service Canada WINNIPEG, August 4 – The Canadian dollar weakened further against its US counterpart Tuesday morning after falling to levels not seen in a decade on Friday, and as Statistics Canada released a report on retail sales and volumes. At 9:10 a.m. CDT the Canadian dollar was at US$0.7627 or C$1.3111 […] Read more

By Commodity News Service Canada WINNIPEG, July 31 – The Canadian dollar was down against the US dollar on Friday, reacting to soft Canadian gross domestic product (GDP) data, analysts said. According to Statistics Canada, GDP fell 0.2 per cent in May, the fifth consecutive monthly decrease. Pre-report expectations called for a flat reading on […] Read more

By Commodity News Service Canada. Winnipeg, July 31 – The Canadian dollar was lower against its US counterpart at midday Friday, as the Canadian economy declined for the fifth consecutive month in May. The Canadian dollar was at US$0.7673 or US$1 = C$1.3033 at 11:45 CDT Friday morning. The economy shrank 0.2 percent from April, […] Read more

By Commodity News Service Canada WINNIPEG, July 31 – The Canadian dollar gained against its US counterpart Friday morning despite a Statistics Canada report on gross domestic product losses. At 8:40 a.m. CDT the Canadian dollar was at US$0.7704 or C$1.2980 which compares with Thursday’s North American close of US$0.7686, or C$1.3010. Real gross domestic […] Read more

By Commodity News Service Canada WINNIPEG, July 30 – The Canadian dollar weakened against the US dollar on Thursday, following the softening crude oil market, analysts said. The Canadian dollar closed at US$0.7686 or US$1=C$1.3010 on Thursday, which compares with Wednesday’s North American settlement of US$0.7726 or US$1=C$1.2944. Ongoing expectations that the US Federal Reserve […] Read more

By Commodity News Service Canada. Winnipeg, July 30 – The Canadian dollar was lower against its US counterpart at midday Thursday, as the US dollar increased in strength after the US Federal Reserve painted a confident outlook for the US economy. The Canadian dollar was at US$0.7690 or US$1 = C$1.3004 at 11:50 CDT Thursday […] Read more

By Commodity News Service Canada WINNIPEG, July 30 – The Canadian dollar lost some ground against its US counterpart Thursday morning after the US Federal Reserve left interest rates unchanged, but gave a positive outlook for the US economy, and as Statistics Canada released a report on natural gas transportation and distribution. At 8:45 a.m. […] Read more

By Commodity News Service Canada WINNIPEG, July 29 – The Canadian dollar eased against the US dollar on Wednesday, reacting to an announcement from the US Federal Reserve, analysts said. The US Federal Reserve left interest rates unchanged. But, they said the employment sector has been making good gains recently, which is leading to speculation […] Read more

By Commodity News Service Canada. Winnipeg, July 28 – The Canadian dollar was slightly higher against its US counterpart at midday Wednesday, as traders waited to hear if the US Federal Reserve planned to hike the key interest rate. The Canadian dollar was at US$0.7752 or US$1 = C$1.2899 at 11:50 CDT Wednesday morning. The […] Read more