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By Commodity News Service Canada Winnipeg, Sept 18 – The Canadian dollar strengthened relative to the US dollar at 11:51 CDT Thursday, amid ideas that the US Federal Reserve isn’t planning on raising interest rates any time soon, analysts said. At 11:51 CDT Thursday, the Canadian dollar was trading at US$0.9129, or US$1=C$1.0954, which compares […] Read more

By Commodity News Service Canada WINNIPEG, Sept. 18 – The Canadian dollar was stronger Thursday morning, recovering from Wednesday’s declines as currency traders reassessed statements from the US Federal Reserve on interest rates. At 9:29 CDT Thursday morning the Canadian dollar was at US$0.9139 or C$1.0942 which compares with Thursday’s North American close of US$0.9088, […] Read more

By Commodity News Service Canada WINNIPEG, September 17 – The Canadian dollar closed lower on Wednesday, reacting to the latest interest rate announcement from the US Federal Reserve, analysts said. The US Federal Reserve left its interest rate outlook unchanged on Wednesday, but highlighted that the economy in the US is showing signs of improvement. […] Read more

By Commodity News Service Canada Winnipeg, September 17 – The Canadian dollar was higher against its US counterpart at midday Wednesday, as traders squared positions ahead of a key speech by the US Federal Reserve. The central bank is expected to address the question of interest rates in the US, and how long they will […] Read more

By Commodity News Service Canada WINNIPEG, September 16 – The Canadian dollar closed sharply stronger relative to the US dollar on Tuesday, breaking back above the 91 cents US mark. The currency was underpinned by positive Canadian manufacturing data, analysts said. Canadian manufacturing sales increased 2.5 per cent to C$53.7 billion in July, exceeding the […] Read more

By Commodity News Service Canada Winnipeg, September 16 – The Canadian dollar was higher against its US counterpart at midday Tuesday, as traders positioned themselves ahead of a key speech by the Bank of Canada. Governor for the central bank, Stephen Poloz, was scheduled to talk about the role of the floating exchange rate in […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, September 16 – Canola contracts on the ICE Futures Canada platform were mostly lower on choppy trading Tuesday morning following soyoil. The looming harvest is expected to keep a lid on prices, a trader said. The market is feeling some resistance on technical indicators, according to a […] Read more

By Commodity News Service Canada WINNIPEG, September 15 – The Canadian dollar closed firmer relative to the US dollar on Monday, seeing an upward correction following last week’s sharp declines, analysts said. The Canadian dollar closed at US$0.9050 or US$1=C$1.1050 on Monday, which compares with Friday’s North American settlement of US$0.9014 or US$1=C$1.1094. Strength in […] Read more

By Commodity News Service Canada Winnipeg, September 15 – The Canadian dollar was higher against its US counterpart at midday Monday, as traders positioned themselves ahead of Wednesday’s interest rate announcement by the US Federal Reserve. Investors will be anxiously waiting to see if the central bank indicates whether it will hike rates by the […] Read more

By Commodity News Service Canada WINNIPEG, September 12 – The Canadian dollar closed lower on Friday, continuing to drift closer to the 90 cents US mark. Positive US retail sales data sent the already strong US dollar higher, resulting in a weaker Canadian currency, analysts said. The Canadian dollar closed at US$0.9014 or US$1=C$1.1094 on […] Read more