Archives

By Commodity News Service Canada WINNIPEG, March 24 – The Canadian dollar was holding steady against the US dollar on Tuesday, seeing a consolidation following Monday’s rally, analysts said. The Canadian dollar closed at US$0.7999 or US$1=C$1.2501 on Tuesday, which compares with Monday’s North American settlement of US$0.8001 or US$1=C$1.2499. A lack of fresh market […] Read more

By Commodity News Service Canada WINNIPEG, March 23 – The Canadian dollar was up sharply against the US dollar on Monday, finishing just above the 80 cents US level. The Canadian currency’s strength was linked to a sell-off in the US dollar index, continuing to react to a more dovish than expected announcement from the […] Read more

By Commodity News Service Canada Winnipeg, March 23 – The Canadian dollar was stronger against the US dollar at midsession Monday, underpinned by a sell-off in the US currency, analysts said. Last week’s US Federal Reserve comments, noting that they will wait for more improvement in the labour sector before raising interest rates, was fuelling […] Read more

Canadian Dollar And Business Outlook By Commodity News Service Cana Winnipeg, March 2 – The Canadian dollar was higher against its American counterpart Monday morning, despite weaker gas and commodity prices. At 9:00 CDT Monday morning, the loonie was up 0.0033 of a cent to US$0.7981 or US$1 = C$1.2529. The loonie has been working […] Read more

By Commodity News Service Canada WINNIPEG, March 20 – The Canadian dollar was up sharply to end the week against the US dollar, supported by a rebound in crude oil values, analysts said. The Canadian dollar closed at US$0.7950 or US$1=C$1.2579 on Friday, which compares with Thursday’s North American settlement of US$0.7858 or US$1=C$1.2726. Sentiment […] Read more

By Commodity News Service Canada Winnipeg, March 20 – The Canadian dollar was stronger against the US dollar at midsession Friday, lifted by a rebound in crude oil values, analysts said. At 11:30 CDT Friday, the Canadian dollar was trading at US$0.7955 or US$1=C$1.2571, which compares with Thursday’s North American close of US$0.7858 or US$1=C$1.2726. […] Read more

By Commodity News Service Canada WINNIPEG, March 20 – The Canadian dollar was stronger Friday morning, as the currency reacted to a number of conflicting economic reports. At 9:24 CDT Friday morning the Canadian dollar was at US$0.7936 or C$1.2601 which compares with Thursday’s North American close of US$0.7858, or C$1.2726. A weaker tone in […] Read more

By Commodity News Service Canada WINNIPEG, March 19 – The Canadian dollar was down sharply against the US dollar on Thursday, following the weakness seen in crude oil values, analysts said. The Canadian dollar closed at US$0.7858 or US$1=C$1.2726 on Thursday, which compares with Wednesday’s North American settlement of US$0.7955 or US$1=C$1.2570. Sentiment that Wednesday’s […] Read more

By Commodity News Service Canada Winnipeg, – The Canadian dollar dropped against its American counterpart at midday Thursday, as oil prices slid towards US$40 a barrel. The loonie was at US$0.7846 or US$1 = C$1.2745 at 11:40 CDT Thursday morning. There are fears that oil storage space in the US is becoming full, which could […] Read more

By Commodity News Service Canada WINNIPEG, March 19 The Canadian dollar was down sharply against the US dollar on Thursday, giving back nearly all of Wednesday’s advances amid profit taking. At 8:49 CDT Thursday, the Canadian dollar was at US$0.7858 or US$=C$1.2726, which compares with Wednesday’s North American close of US$0.7955 or US$1=C$1.2570. The weakness […] Read more