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By Commodity News Service Canada Winnipeg, Nov 20 – The Canadian dollar was firmer relative to the US dollar on Thursday, reacting to positive domestic sales data, analysts said. Statistics Canada reported wholesale sales rose 1.8 per cent to C$54 billion in September. At 11:46 CST Thursday, the Canadian dollar was at US$0.8851 or US$1=C$1.1298, […] Read more

By Commodity News Service Canada Winnipeg, November 20 – The Canadian dollar was higher against its US counterpart Thursday morning, powered by wholesale sales data from the month of September. The numbers showed sales had risen 1.8 percent from August. Meantime, worries about Europe persist after financial information group Markit revealed its purchasing managers’ index […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 19 – The Canadian dollar ended sharply weaker against the US dollar on Wednesday, as the US Senate voted against the Keystone XL Pipeline project Tuesday night, analysts said. The Canadian dollar closed at US$0.8810 or US$1=C$1.1351 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8850 […] Read more

By Commodity News Service Canada Winnipeg, Nov 19 – The Canadian dollar was down sharply relative to the US dollar on Wednesday, reacting to news that the US Senate voted against the TransCanada Keystone XL Pipeline project Tuesday night, analysts said. At 11:43 CST Wednesday, the Canadian dollar was at US$0.8811 or US$1=C$1.1349, which compares […] Read more

By Commodity News Service Canada Winnipeg, November 19 – The Canadian dollar was lower on Wednesday morning after the US Senate rejected a proposal to fast-track approval of the Keystone XL pipeline. The proposal fell one vote short of the 60 ballots needed move it forward. At 9:10 CST Wednesday morning, the loonie was up […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 18 – The Canadian dollar ended little changed relative to the US dollar on Tuesday, as traders moved to the sidelines ahead of a key US Senate vote Tuesday night, analysts said. The US Senate will vote on the TransCanada Keystone XL Pipeline project later Tuesday, and the […] Read more

By Commodity News Service Canada Winnipeg, Nov 18 – The Canadian dollar was slightly lower relative to the US dollar on Tuesday, undermined by weakness in crude oil and metal prices, analysts said. Though, positive European economic data was underpinning the Canadian currency. ZEW institute’s investors’ confidence index rose by 15.1 points in November, with […] Read more

By Commodity News Service Canada Winnipeg, November 18 – The Canadian dollar was little changed against its US counterpart Tuesday morning, as new data indicated there was still confidence in Europe’s economic future, despite hints of a recession. A string of tepid reports out of Germany recently suggested that country could slip into recession which […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 17 – The Canadian dollar ended lower relative to the US dollar on Monday amid signs that Japan’s economy is moving back into a recession, analysts said. Japanese data showed the country’s economy slowed at a pace of 1.6 per cent due to a sales tax hike reducing […] Read more

By Commodity News Service Canada Winnipeg, Nov 17 – The Canadian dollar eased relative to the US dollar on Friday, reacting to news that Japan seems to be falling back into a recession, analysts said. Japanese data showed the country’s economy slowed at a pace of 1.6 per cent due to a sales tax hike […] Read more