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By Commodity News Service Canada Winnipeg, July 9 – The Canadian dollar was higher against its US counterpart at midday Wednesday, as new Canadian housing data buoyed investor confidence. According to the Canada Mortgage and Housing Corporation, housing starts rose to a level of just under two hundred thousand units in June. Royal Lepage also […] Read more

By Commodity News Service Canada Winnipeg, July 9 The Canadian dollar was slightly firmer on Wednesday morning, due to stronger than expected figures for Canadian housing starts and ahead of a key Canadian employment report to be released on Friday. At 9:04 CDT Wednesday morning, the Canadian dollar was at US$0.9373 or US$1 = C$1.0674, […] Read more

By Commodity News Service Canada Winnipeg, July 8 – The Canadian dollar closed with no change on Tuesday, as it looked for direction with no major economic news, analysts say. The Canadian dollar settled at US$0.9369 or US$1 = C$1.0677, the same as Monday’s close. The loonie pushed to the 94 cent mark last week, […] Read more

By Commodity News Service Canada Winnipeg, July 8 – The Canadian dollar was little changed against its US counterpart at midday Tuesday, as a lack of domestic data resulted in muted, sideways trading. Rising inflation, a better American economy and surging oil prices helped push the loonie above the 94-cent US mark last week, but […] Read more

By Commodity News Service Canada Winnipeg, July 8 – The Canadian dollar saw little change on Tuesday, as it looked for direction with no major economic data set for release, analysts say. At 9:02 CDT Tuesday morning, the Canadian dollar was at US$0.9369 or US$1 = C$1.0673, up slightly from Monday’s close of US$0.9366 or […] Read more

July 7, 2014 By Commodity News Service Canada Winnipeg – Canadian dollar settled slightly weaker on Monday, as the currency reacted to some softer-than-expected economic readings. The Canadian currency late in the afternoon was quoted at US$0.9366 or US$1=C$1.0677. This compares with Friday’s North American close of US$0.9384, or US$=C$1.0657. A report from Statistics Canada […] Read more

By Commodity News Service Canada Winnipeg, July 7 – The Canadian dollar was slightly lower against its US counterpart at midday Monday, breaking below the psychologically important 94 cent US mark. The level for the loonie could be tested again on Friday when Statistics Canada releases its June employment data. Analysts believe the information will […] Read more

By Commodity News Service Canada Winnipeg, July 7 The Canadian dollar was up on Monday morning in anticipation of the release of the Bank of Canada’s latest survey of businesses, analysts say. At 9:04 CDT Monday morning, the Canadian dollar was quoted at US$0.9407 or US$1 = C$1.0639, up 0.23 cents from Friday’s close. The […] Read more

By Commodity News Service Canada Winnipeg, July 4 – The Canadian dollar closed lower on Friday as trading was quiet due to U.S. markets being closed for the Independence Day holiday. The Canadian dollar settled at US$0.9384 or US$1 = C$1.0639, down 0.15 of a cent from yesterday’s close. This was following a rise of […] Read more

By Commodity News Service Canada Winnipeg, July 4 – The Canadian dollar was slightly lower against its US counterpart at midday Friday, on sideways trading amid thin volumes. US markets are closed for the Independence Day holiday. Canadian jobs data for June is due to be released next Friday. The August gold contract rose 60 […] Read more