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By Commodity News Service Canada Winnipeg, September 11 – The Canadian dollar was slightly lower against its US counterpart at midday Thursday, as the country’s New Housing Price Index failed to post a gain for the first time in 2014. According to a report from Statistics Canada, the index for July remained unchanged from June. […] Read more

By Commodity News Service Canada Winnipeg, September 11 – The Canadian dollar was lower Thursday morning, as China’s consumer inflation index turned in lukewarm results. Prices rose two percent over last year at the same time, indicating economic growth in the Asian country was slowing down. The increase was below July’s 2.3 percent rise and […] Read more

By Commodity News Service Canada WINNIPEG, September 10 – The Canadian dollar closed stronger on Wednesday, benefiting from a retreat in the value of the US dollar ahead of next week’s US Federal Reserve interest rate announcement, analysts said. The Canadian dollar closed at US$0.9145 or US$1=C$1.0935 on Wednesday, which compares with Tuesday’s North American […] Read more

By Commodity News Service Canada Winnipeg, September 10 – The Canadian dollar was higher against its US counterpart at midday Wednesday, as new economic data helped the loonie withstand the advance of the US dollar. The American greenback has strengthened recently on speculation the US Central Reserve will take a more hawkish tone on interest […] Read more

By Commodity News Service Canada Winnipeg, September 10 – The Canadian dollar was little changed Wednesday morning, as markets prepare for next week’s meeting of the US Federal Reserve. Some analysts feel the US central bank could be poised to take a more hawkish tone on interest rates. At least one banking expert expects the […] Read more

By Commodity News Service Canada WINNIPEG, September 9 – The Canadian dollar was holding steady at the close on Tuesday, after dropping below 91 cents US earlier in the day. The Canadian dollar closed at US$0.9115 or US$1=C$1.0971 on Tuesday, which compares with Monday’s North American settlement of US$0.9113 or US$1=C$1.0973. The Canadian currency initially […] Read more

By Commodity News Service Canada Winnipeg, September 9 – The Canadian dollar was lower against its US counterpart at midday Tuesday, as sluggish housing data weighed down the loonie. The loonie was pressured by a report from Statistics Canada that showed housing starts came in at an annualized rate of 192,368 units in August. That […] Read more

By Commodity News Service Canada Winnipeg, September 9 – The Canadian dollar was little changed Tuesday morning, as new housing data came in below expectations. The Canada Mortgage and Housing Corporation reported that housing starts came in an annualized rate of 192,368 units last month. That was below earlier projections of 195,000 units. Statistics Canada […] Read more

By Commodity News Service Canada WINNIPEG, September 8 – The Canadian dollar was sharply lower relative to the US dollar on Monday, continuing to react to Friday’s disappointing jobs data from both Canada and the US, analysts said. The Canadian dollar closed at US$0.9113 or US$1=C$1.0973 on Monday, which compares with Friday’s North American settlement […] Read more

By Commodity News Service Canada Winnipeg, September 8 – The Canadian dollar was lower against its US counterpart at midday Monday, as the American greenback appreciated in the wake of Friday’s US jobs report. US businesses added 142,000 jobs in August, the smallest gain in eight months. However, it looked favourable compared to Canadian data […] Read more