Archives

By Commodity News Service Canada Winnipeg, May 26 – The Canadian dollar was lower against its American counterpart Tuesday morning, as declining crude oil prices weighed down the loonie. The day also marked the re-opening of markets in the US which had been closed for Memorial Day. At 8:55 CDT Tuesday morning, the loonie was […] Read more

By Commodity News Service Canada WINNIPEG, May 25 – The Canadian dollar closed slightly softer Monday, but lacked direction as US markets were closed for Memorial Day. The Canadian dollar closed at US$0.8121 or US$1=C$1.2313 on Monday, which compares with Friday’s North American settlement of US$0.8129 or US$1=C$1.2301. Weakness in crude oil values and ongoing […] Read more

By Commodity News Service Canada Winnipeg, May 25 – The Canadian dollar was weaker against its US counterpart at midday Monday, as a new report forecast a slowdown in housing. The loonie was at US$0.8122 or US$1 = C$1.2312 at 11:50 CDT Monday morning. The full impact of low energy prices and reduced interest rates […] Read more

By Commodity News Service Canada WINNIPEG, May 25 The Canadian dollar was up slightly Monday morning, lacking any clear direction as US markets were closed for Memorial Day. At 8:51 CDT Monday, the Canadian dollar was at US$0.8134 or US$=C$1.2294, which compares with Friday’s North American close of US$0.8129 or US$1=C$1.2301. Sentiment that last week’s […] Read more

By Commodity News Service Canada WINNIPEG, May 22 – The Canadian dollar closed sharply lower against its US counterpart Friday, reacting to disappointing Canadian economic data, and robust US inflation figures, analysts said. Statistics Canada said the consumer price index rose 0.8 per cent in the 12 months to April, the smallest increase since October […] Read more

By Commodity News Service Canada Winnipeg, May 22 – The Canadian dollar was lower relative to the US dollar Friday, reacting to weak Canadian Consumer Price Index (CPI) data, analysts said. Statistics Canada said the CPI rose 0.8 per cent in the 12 months to April, the smallest increase since October 2013. Pre-report expectations called […] Read more

By Commodity News Service Canada Winnipeg, May 22 – The Canadian dollar was weaker against its American counterpart Friday morning, as declining crude oil prices weighed down the loonie. At 8:55 CDT Friday morning, the loonie was down 0.0045 of a cent to US$0.8150 or US$1 = C$1.2241. New data shows Canada’s annual inflation rate […] Read more

By Commodity News Service Canada WINNIPEG, May 21 – The Canadian dollar closed slightly lower relative to the US dollar after a choppy trading session Thursday, as traders awaited fresh market moving news. Traders were looking ahead to Friday, when Statistics Canada will release retail trade figures for March, and April consumer price index data. […] Read more

By Commodity News Service Canada Winnipeg, May 21 – The Canadian dollar was holding steady against the US dollar at midsession Thursday, as traders were awaiting fresh market moving news. There was no significant Canadian economic data released on Thursday, though retail sales and consumer price index figures are set to be released on Friday. […] Read more

By Commodity News Service Canada Winnipeg, May 21 – The Canadian dollar was weaker against its American counterpart Thursday morning, due to global economic worries and losses in crude oil. At 8:55 CDT Thursday morning, the loonie was down 0.0023 of a cent to US$0.8169 or US$1 = C$1.2241. The Markit Composite Flash PMI for […] Read more