Archives

By Commodity News Service Canada WINNIPEG, April 14 – The Canadian dollar ended higher against its US counterpart Tuesday, finding support from disappointing US retail sales data, analysts said. The US dollar index softened after data showed March retail sales were up 0.9 per cent last month, while a 1.1 per cent jump was anticipated. […] Read more

By Commodity News Service Canada Winnipeg, April 14 – The Canadian dollar was stronger relative to the US dollar at midday Tuesday, following the gains seen in crude oil values, analysts said. At 11:39 CDT Tuesday, the Canadian dollar was trading at US$0.8004 or US$1=C$1.2494, which compares with Monday’s North American close of US$0.7942 or […] Read more

By Commodity News Service Canada Winnipeg, April 14 – The Canadian dollar was higher against its American counterpart Tuesday morning, after a report came out showing Canadian home prices were on the rise. At 8:50 CDT Tuesday morning, the loonie was up 0.0073 of a cent to US$0.8015 or US$1 = C$1.2477. The Teranet-National Bank […] Read more

By Commodity News Service Canada WINNIPEG, April 13 – The Canadian dollar ended lower relative to the US dollar on Monday, reacting to disappointing Chinese trade data, analysts said. Reports say Chinese exports were down 14.6 per cent compared to the year prior in March, while pre-report expectations called for exports to rise 8.2 per […] Read more

By Commodity News Service Canada Winnipeg, April 13 – The Canadian dollar was down slightly against its US counterpart at midsession Monday. General strength in the US dollar index and the movement of money out of riskier commodity-based currencies weighed on the Canadian dollar, analysts said. At 11:48 CDT Monday, the Canadian dollar was trading […] Read more

By Commodity News Service Canada Winnipeg, April 13 – The Canadian dollar was little changed against its American counterpart Monday morning, as advances in crude oil offset losses in the gold sector. At 8:45 CDT Monday morning, the loonie was up 0.0005 of a cent to US$0.7953 or US$1 = C$1.2573. There is a growing […] Read more

By Commodity News Service Canada WINNIPEG, April 10 – The Canadian dollar was slightly firmer against the US dollar on Friday, seeing some short covering ahead of the weekend as crude oil values rose, analysts said. The Canadian dollar closed at US$0.7949 or US$1=C$1.2580 on Friday, which compares with Thursday’s North American settlement of US$0.7942 […] Read more

By Commodity News Service Canada Winnipeg, April 10 – The Canadian dollar was slightly lower against its US counterpart at midday Friday, as a rise in Canadian employment figures reinforced ideas the Bank of Canada will not look to cut interest rates. The loonie was at US$0.7941 or US$1 = C$1.2593 at 11:45 CDT Friday […] Read more

By Commodity News Service Canada WINNIPEG, April 10 The Canadian dollar was slightly higher relative to the US dollar Friday morning, finding support from better than expected Canadian employment data, analysts said. According to Statistics Canada, 29,000 new jobs were created in March, while the unemployment rate remained unchanged at 6.8 per cent. Pre-report guesses […] Read more

By Commodity News Service Canada WINNIPEG, April 9 – The Canadian dollar was softer relative to the US currency Thursday, as traders evened positions ahead of Friday’s Canadian employment data release, analysts said. The Canadian dollar closed at US$0.7942 or US$1=C$1.2592 on Thursday, which compares with Wednesday’s North American settlement of US$0.7976 or US$1=C$1.2538. Some […] Read more