Canadian forex review: C$ drops sharply with crude oil

By Commodity News Service Canada WINNIPEG, Dec. 10 – The Canadian dollar ended sharply lower relative to the US dollar on Wednesday, following the tumbling crude oil market, analysts said. The Canadian dollar closed at US$0.8711 or US$1=C$1.1480 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8741 or US$1=C$1.1440. Bank of Canada governor […] Read more

Canadian forex midday: C$ sharply lower

By Commodity News Service Canada Winnipeg, Dec 10 – The Canadian dollar was down sharply relative to the US dollar on Wednesday, falling along with the tumbling crude oil market, analysts said. At 11:42 CST Wednesday, the Canadian dollar was trading at US$0.8702 or US$1=C$1.1492, which compares with Tuesday’s North American close of US$0.8741 or […] Read more


Canadian Dollar And Business Outlook

By Commodity News Service Canada WINNIPEG, Dec. 10 – The Canadian dollar was weaker Wednesday morning, as losses in crude oil and the generally softer tone in the financial markets weighed on the energy-linked currency. At 9:11 CST Wednesday morning the Canadian dollar was at US$0.8719 or C$1.1469 which compares with Tuesday’s North American close […] Read more

Canadian forex review: C$ bounces after recent sharp drop

By Commodity News Service Canada WINNIPEG, Dec. 9 – The Canadian dollar ended stronger relative to the US dollar on Tuesday, seeing an upward correction following Monday’s sharp drop, analysts said. The Canadian dollar closed at US$0.8741 or US$1=C$1.1440 on Tuesday, which compares with Monday’s North American settlement of US$0.8709 or US$1=C$1.1482. Spillover support from […] Read more


Canadian forex midday: C$ corrects higher

By Commodity News Service Canada Winnipeg, Dec 9 – The Canadian dollar was stronger relative to the US dollar at midday Tuesday, seeing an upward correction following recent sharp declines, analysts said. At 11:45 CST Tuesday, the Canadian dollar was trading at US$0.8743 or US$1=C$1.1438, which compares with Monday’s North American close of US$0.8709 or […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, December 9 – The Canadian dollar corrected higher Tuesday after oil tumbled US$3 in yesterday’s session. At 8:40 CST Tuesday morning, the loonie was up 0.0027 of a cent to US$0.8737 or US$1 = C$1.1445. One question traders are hoping to see answered is whether US interest rates will […] Read more



Canadian Forex Review: C$ Closes Lower

By Commodity News Service Canada Winnipeg, December 5 – The Canadian dollar closed lower against its US counterpart on Friday, pressured by disappointing Canadian job numbers that caused the jobless rate to jump to 6.6%. Despite the disappointing numbers one analyst said the six-month moving average was “pretty decent”, according to a report. A modest […] Read more



Canadian Dollar And Business Outlook

By Commodity News Service Canada WINNIPEG, Dec. 5 – The Canadian dollar was weaker Friday morning, as the currency reacted to softening domestic employment data. At 9:09 CST Friday morning the Canadian dollar was at US$0.8725 or C$1.1461 which compares with Thursday’s North American close of US$0.8791, or C$1.1375. The Canadian economy lost a net […] Read more