Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, May 11 The Canadian dollar was up slightly against the US dollar Monday morning, lifted by sentiment that the Canadian currency is oversold, analysts said. At 8:53 CDT Monday, the Canadian dollar was at US$0.8282 or US$=C$1.2074, which compares with Friday’s North American close of US$0.8271 or US$1=C$1.2090. Easing […] Read more

Canadian forex review: C$ firms with oil

By Commodity News Service Canada WINNIPEG, May 8 – The Canadian dollar ended firmer relative to the US dollar Friday, finding some support from stronger oil prices, analysts said. The Canadian dollar closed at US$0.8271 or US$1=C$1.2090 on Friday, which compares with Thursday’s North American settlement of US$0.8251 or US$1=C$1.2120. Disappointing US employment data was […] Read more


Canadian Forex Midday: C$ Strengthens

By Commodity News Service Canada Winnipeg, May 8 – The Canadian dollar was firmer against its US counterpart at midday Friday, as new data showed a rebound in the job market. The loonie was at US$0.8272 or US$1 = C$1.2089 at 11:50 CDT Friday morning. In the U.S., 223,000 new positions were added, while the […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, May 8 – The Canadian dollar was slightly stronger against its American counterpart Friday morning, as gains in the gold and oil sectors offset weak unemployment news. At 8:55 CDT Friday morning, the loonie was up 0.0003 of a cent to US$0.8257 or US$1 = C$1.2111. The Canadian economy […] Read more


Canadian forex review: C$ drops with oil

By Commodity News Service Canada WINNIPEG, May 7 – The Canadian dollar ended lower relative to the US dollar on Thursday, following the plunging price of oil, analysts said. The Canadian dollar closed at US$0.8251 or US$1=C$1.2120 on Thursday, which compares with Wednesday’s North American settlement of US$0.8306 or US$1=C$1.2040. Positive unemployment data out of […] Read more

Canadian Forex Midday: C$ Weakens

By Commodity News Service Canada Winnipeg, May 7 – The Canadian dollar was lower against its US counterpart at midday Thursday, as a retreat in oil prices sent the loonie falling in range-bound action. The loonie was at US$0.8305 or US$1 = C$1.2040 at 11:30 CDT Thursday morning. US dollar strength was also bearish for […] Read more


Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, May 7 – The Canadian dollar was lower against its American counterpart Thursday morning, as energy companies announced more losses in the wake of plunging oil prices. At 8:50 CDT Thursday morning, the loonie was down 0.0054 of a cent to US$0.8249 or US$1 = C$1.2123. Enbridge announced a […] Read more

Canadian forex review: C$ strengthens with crude oil

By Commodity News Service Canada WINNIPEG, May 6 – The Canadian dollar ended stronger relative to the US dollar on Wednesday, finding support from the advancing crude oil market, analysts said. The Canadian dollar closed at US$0.8306 or US$1=C$1.2040 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8284 or US$1=C$1.2072. Disappointing US private […] Read more


Canadian Forex Midday: C$ Follows Oil Higher

By Commodity News Service Canada Winnipeg, May 6 – The Canadian dollar was higher against its US counterpart at midday Wednesday, as the loonie shrugged off concerns about how the election of the NDP in oil-rich Alberta would affect the oil industry. The loonie was at US$0.8305 or US$1 = C$1.2040 at 11:45 CDT Wednesday […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, May 6 – The Canadian dollar was higher against its American counterpart Wednesday morning, on the back of surging oil and gold prices. At 8:58 CDT Wednesday morning, the loonie was up 0.0064 of a cent to US$0.8351 or US$1 = C$1.1975. Alberta’s new Premiere has said she will […] Read more