Canadian Forex Midday: C$ Dips With Oil

By Commodity News Service Canada Winnipeg, May 14 – The Canadian dollar was weaker against its US counterpart at midday Thursday, due to a slump in crude-oil prices. The loonie was at US$0.8333 or US$1 = C$1.2000 at 11:55 CDT Thursday morning. The Teranet-National Bank Composite House Price Index indicates Canadian home prices rose in […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, May 14 The Canadian dollar was stronger against the US dollar Thursday morning, as crude oil values remained near their highs of the year, analysts said. At 9:02 CDT Thursday, the Canadian dollar was at US$0.8382 or US$=C$1.1930, which compares with Wednesday’s North American close of US$0.8356 or US$1=C$1.1967. […] Read more



Canadian Forex Midday: C$ Firms

By Commodity News Service Canada Winnipeg, May 13 – The Canadian dollar was stronger against its US counterpart at midday Wednesday, due to higher crude-oil prices and a broadly weaker US dollar. The loonie was at US$0.8370 or US$1 = C$1.1947 at 11:40 CDT Wednesday morning. The loonie is lagging the Australian currency though, said […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, May 13 The Canadian dollar was moving higher against the US dollar Wednesday morning, following the gains seen in crude oil values, analysts said. At 8:49 CDT Wednesday, the Canadian dollar was at US$0.8355 or US$=C$1.1969, which compares with Tuesday’s North American close of US$0.8321 or US$1=C$1.2018. Disappointing US […] Read more

Canadian forex review: C$ climbs with crude oil

By Commodity News Service Canada WINNIPEG, May 12 – The Canadian dollar was stronger against the US dollar Tuesday, finding support from strength in crude oil values. Crude oil was up more than 2 per cent, climbing above $60 per barrel. The Canadian dollar closed at US$0.8321 or US$1=C$1.2018 on Tuesday, which compares with Monday’s […] Read more


Canadian Forex Midday: C$ Higher With Oil

By Commodity News Service Canada Winnipeg, May 12 – The Canadian dollar was stronger against its US counterpart at midday Tuesday, as higher oil prices kept the loonie buoyed against its American counterpart. The loonie was at US$0.8343 or US$1 = C$1.1986 at 11:50 CDT Tuesday morning. Gold prices were also up which underpinned the […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, May 12 The Canadian dollar was stronger relative to the US dollar Tuesday morning, finding support from the gains seen in crude oil, analysts said. At 8:58 CDT Tuesday, the Canadian dollar was at US$0.8309 or US$=C$1.2035, which compares with Monday’s North American close of US$0.8258 or US$1=C$1.2110. Some […] Read more


Canadian forex review: C$ slightly weaker

By Commodity News Service Canada WINNIPEG, May 11 – The Canadian dollar ended slightly weaker relative to the US dollar after a day of choppy activity Monday. The Canadian dollar closed at US$0.8258 or US$1=C$1.2110 on Monday, which compares with Friday’s North American settlement of US$0.8271 or US$1=C$1.2090. Softness in crude oil values helped to […] Read more

Canadian Forex Midday: C$ Weakens

By Commodity News Service Canada Winnipeg, May 8 – The Canadian dollar was weaker against its US counterpart at midday Monday, as new data showed the US dollar was gaining against other major currencies. The loonie was at US$0.8264 or US$1 = C$1.2101 at 11:40 CDT Monday morning. Scotiabank says the American greenback is strong […] Read more