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By Commodity News Service Canada Winnipeg, Oct. 30 – Canadian dollar settled relatively steady on Thursday, as the currency market showed little reaction to updated GDP data out of the US. The Canadian currency late in the afternoon was quoted at US$0.8932 or US$1=C$1.1196. This compares with Wednesday’s North American close of US$0.8936, or US$=C$1.1191. […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 29 The Canadian dollar was stronger Wednesday morning, as the energy-linked currency was supported by rising crude oil prices. Positioning ahead of the US Federal Reserve interest rate announcement later in the day was also behind some of the activity in the currency markets. At 9:01 CDT Wednesday […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 28 – The Canadian dollar was sharply stronger relative to the US dollar, as traders were reacting to disappointing US economic data ahead of Wednesday’s US Federal Reserve interest rate announcement. The US government reported durable goods orders dropped 1.3 per cent in September, while pre-report expectations called […] Read more

By Commodity News Service Canada Winnipeg, Oct 28 – The Canadian dollar strengthened relative to the US dollar at midday Tuesday, reacting to disappointing economic data out of the US, analysts said. The US government reported durable goods orders dropped 1.3 per cent in September, while pre-report expectations called for a decline of just 0.7 […] Read more

By Commodity News Service Canada Winnipeg, October 28 – The Canadian dollar was higher against its US counterpart Tuesday morning, as the US Federal Reserve’s key stimulus program continues to wind along. The US central bank massive purchase of bonds is aimed at keeping long-term rates low. It is scheduled to conclude by the end […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 27 – The Canadian dollar was slightly lower relative to the US dollar on Monday, undermined by spillover pressure from the weakness in crude oil, analysts said. The Canadian dollar closed at US$0.8898 or US$1=C$1.1238 on Monday, which compares with Friday’s North American settlement of US$0.8902 or US$1=C$1.1233. […] Read more

By Commodity News Service Canada Winnipeg, Oct 27 – The Canadian dollar eased relative to the US dollar at midday Monday, as traders were squaring positions ahead of Wednesday’s US Federal Reserve interest rate announcement, analysts said. At 11:47 CDT Monday, the Canadian dollar was trading at US$0.8894, or US$1=C$1.1244, which compares with Friday’s North […] Read more

By Commodity News Service Canada Winnipeg, October 27 – The Canadian dollar was slightly lower against its US counterpart Monday morning, as traders waited for information detailing the level of American economic strength. On Wednesday, the US Federal Reserve is scheduled to make its next announcement on interest rates and quantitative easing. Market-watchers will also […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 24 – The Canadian dollar was unchanged relative to the US dollar on Friday, as traders were being cautious ahead of the weekend and next week’s interest rate announcement from the US Federal Reserve, analysts said. The Canadian dollar closed at US$0.8902 or US$1=C$1.1233 on Friday, which compares […] Read more

By Commodity News Service Canada Winnipeg, October 24 – The Canadian dollar was slightly higher against its US counterpart at midday Friday, as investors showed caution ahead of the weekend. The first reading of third quarter GDP data in the US and August GDP data for Canada is expected to be released in the coming […] Read more