Canadian Forex Midday: C$ Slightly Lower

By Commodity News Service Canada Winnipeg, June 23 – The Canadian dollar was slightly lower against its US counterpart at midday Tuesday, overwhelmed by a wave of broad strength coming from the American greenback. The loonie was at US$0.8113 or US$1 = C$1.2232 at 11:35 CDT Tuesday morning. A report indicated investors in the US […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 23 – The Canadian dollar weakened against its US counterpart Tuesday morning, as oil prices fell slightly, and concerns over Greece’s debt crisis supported the greenback. At 8:30 a.m. CDT the Canadian dollar was at US$0.8082 or C$1.2373 which compares with Monday’s North American close of US$0.8113, or […] Read more


Canadian forex review: C$ ends lower

By Commodity News Service Canada WINNIPEG, June 22 – The Canadian dollar was down sharply relative to the US dollar on Monday, as bond yields in the US moved higher, causing investors to put money into the US dollar, analysts said. The US dollar, and US bond yields, moved higher in reaction to optimism that […] Read more



Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 22 – The Canadian dollar strengthened against its US counterpart Monday morning, in light of the US Federal Reserve’s lowered US growth forecast, and Statistics Canada released data about Canada’s new housing construction. At 8:30 a.m. CDT the Canadian dollar was at US$0.8162 or C$1.2252 which compares with […] Read more

Canadian forex review: C$ eases with soft retail sales

By Commodity News Service Canada WINNIPEG, June 19 – The Canadian dollar eased against the US dollar on Friday, undermined by disappointing Canadian retail sales data, analysts said. According to Statistics Canada, retail sales dropped 0.1 per cent in April, to C$42.5 billion, due to lower sales at food and beverage stores. Pre-report guesses called […] Read more



Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 19 The Canadian dollar weakened against its US counterpart Friday morning after gaining some ground on Thursday. A Statistics Canada report showed weaker retail sales in April and crude oil prices fell. At 8:45 a.m. CDT the Canadian dollar was at US$0.8162 or C$1.2252 which compares with Thursday’s […] Read more