Archives

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

By Commodity News Service Canada Winnipeg, September 8 – The Canadian dollar was lower Monday morning, as concern increased over how the Scottish referendum on independence may turn out. A new poll shows rising support for Scottish Independence. Meanwhile the market continues to feel pressure from jobs data last week that showed Canada lost 11,000 […] Read more

By Commodity News Service Canada WINNIPEG, September 5 – The Canadian dollar was down slightly relative to the US dollar on Friday, reacting to disappointing Canadian employment data, analyst said. Statistics Canada said 11,000 jobs were lost in August, falling well below expectations calling for 10,000 newly created jobs. Weak US employment data was also […] Read more

By Commodity News Service Canada Winnipeg, September 5 – The Canadian dollar was slightly weaker against its US counterpart at midday Friday, undermined by a report that said the country lost 11,000 jobs last month. According to Statistics Canada, the unemployment rate remained unchanged at seven percent. There were also fewer youths between the ages […] Read more

By Commodity News Service Canada WINNIPEG, Sept. 5 The Canadian dollar was slightly weaker Friday morning, as the currency reacted to the latest monthly employment data. At 9:03 CDT Friday morning the Canadian dollar was at US$0.9188 or C$1.0884 which compares with Thursday’s North American close of US$0.9196, or C$1.0874. The Canadian economy lost a […] Read more

By Commodity News Service Canada WINNIPEG, September 4 – The Canadian dollar was firmer relative to the US dollar on Thursday, but fell from earlier gains that saw the loonie jump above 92 cents US. The Canadian dollar closed at US$0.9196 or US$1=C$1.0874 on Thursday, which compares with Wednesday’s North American settlement of US$0.9184 or […] Read more

By Commodity News Service Canada Winnipeg, September 4 – The Canadian dollar was stronger against its US counterpart at midday Thursday, underpinned by news the European Central Bank will attempt a new stimulus program in a bid to bolster Europe’s economic recovery. The announcement was welcomed as the US economy continues to show signs it […] Read more

By Commodity News Service Canada WINNIPEG, September 3 – The Canadian dollar was stronger relative to the US dollar on Wednesday, reacting to a Bank of Canada policy announcement that was slightly less dovish than expected, analysts said. The Bank of Canada left interest rates unchanged, as expected, and remains “neutral with respect to the […] Read more

By Commodity News Service Canada Winnipeg, September 3 – The Canadian dollar was stronger against its US counterpart at midday Wednesday, as the Bank of Canada confirmed it was leaving the interest rate at 1%. The central bank said new information would be looked at to determine how and when the rate should be adjusted […] Read more

By Commodity News Service Canada WINNIPEG, Sept. 3 The Canadian dollar was firmer relative to the US dollar Wednesday morning, finding some support from optimism that a cease-fire in eastern Ukraine will hold, analysts said. Ukrainian President Petro Poroshenko and Russian President Vladimir Putin agreed on a cease-fire in eastern Ukraine, Poroshenko said Wednesday. At […] Read more