Canadian forex review: C$ firms slightly

By Commodity News Service Canada WINNIPEG, May 5 – The Canadian dollar ended slightly firmer against the US dollar on Tuesday, lifted by strength in crude oil values, analysts said. The Canadian dollar closed at US$0.8284 or US$1=C$1.2072 on Tuesday, which compares with Monday’s North American settlement of US$0.8270 or US$1=C$1.2092. Further support came from […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, May 5 – The Canadian dollar was higher against its American counterpart Tuesday morning, amid higher oil prices and surprising economic news. At 8:58 CDT Tuesday morning, the loonie was up 0.0037 of a cent to US$0.8302 or US$1 = C$1.2045. A new report says the country’s trade deficit […] Read more


Canadian forex review: C$ ends stronger

By Commodity News Service Canada WINNIPEG, May 4 – The Canadian dollar ended stronger against the US dollar Monday, as Canadian rates were a bit higher compared to the US, which was supportive, analysts said. The Canadian dollar closed at US$0.8270 or US$1=C$1.2092 on Monday, which compares with Friday’s North American settlement of US$0.8226 or […] Read more

Canadian Forex Midday: C$ Higher

By Commodity News Service Canada Winnipeg, May 4 – The Canadian dollar was higher against its US counterpart at midday Monday, as higher oil prices and weak Chinese economic data led the way forward. The loonie was at US$0.8258 or US$1 = C$1.2109 at 11:45 CDT Monday morning. Oil drifted towards $66 a barrel after […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, May 4 The Canadian dollar was stronger against the US dollar Monday morning, supported by firmer crude oil values seen in earlier activity, analysts said. At 9:02 CDT Monday, the Canadian dollar was at US$0.8253 or US$=C$1.2117, which compares with Friday’s North American close of US$0.8226 or US$1=C$1.2157. Strength […] Read more

Canadian forex review: C$ drops ahead of the weekend

By Commodity News Service Canada WINNIPEG, May 1 – The Canadian dollar ended weaker against the US dollar Friday, seeing some profit taking on recent gains and ahead of the weekend, analysts said. The Canadian dollar closed at US$0.8226 or US$1=C$1.2157 on Friday, which compares with Thursday’s North American settlement of US$0.8289 or US$1=C$1.2064. Broad […] Read more


Canadian forex midday: C$ softens with crude oil

By Commodity News Service Canada Winnipeg, May 1 – The Canadian dollar was softer against the US dollar at midday Friday, undermined by weakness in commodities, such as crude oil and gold, analysts said. At 11:46 CDT Friday, the Canadian dollar was trading at US$0.8212 or US$1=C$1.2177, which compares with Thursday’s North American close of […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, May 1 – The Canadian dollar was lower against its American counterpart Friday morning, as some positive new signs emerged for the US economy. At 8:50 CDT Friday morning, the loonie was down 0.0064 of a cent to US$0.8286 or US$1 = C$1.2069. All major automakers in the US […] Read more


Canadian forex review: C$ down ahead of month’s end

By Commodity News Service Canada WINNIPEG, April 30 – The Canadian dollar ended softer on Thursday, as traders took profits on recent advances ahead of the month’s end, analysts said. The Canadian dollar closed at US$0.8289 or US$1=C$1.2064 on Thursday, which compares with Wednesday’s North American settlement of US$0.8317 or US$1=C$1.2023. News that jobless claims […] Read more

Canadian forex midday: C$ weakens

By Commodity News Service Canada Winnipeg, April 30 – The Canadian dollar was weaker relative to the US dollar at midday Thursday, as positive US employment data was bearish, analysts said. US jobless claims fell to a 15-year low during the week ended April 25. Initial unemployment benefit claims dropped 34,000 to a seasonally adjusted […] Read more