Archives

By Commodity News Service Canada WINNIPEG, June 18 – The Canadian dollar ended firmer on Wednesday relative to the US dollar, after the no surprises came out of the US Federal Reserve’s meeting this week, analysts said. The US Federal Reserve decided to lower their monthly bond purchases by another US$10 billion a month, and […] Read more

By Commodity News Service Canada Winnipeg, June 18 – The Canadian dollar was slightly lower against its US counterpart at midday Wednesday, as traders awaited an update by the US Federal Reserve on how the US economy is doing while commodities dipped due to the conflict in Iraq. It’s widely expected the central bank will […] Read more

By Commodity News Service Canada Winnipeg, June 18 The Canadian dollar was slightly firmer on Wednesday morning, as traders were waiting on the latest policy decision from the U.S. Federal Reserve. At 9:00 CDT Wednesday morning, the Canadian Dollar was at US$0.9207 or US$ = C$1.0852, rising slightly from Tuesday’s close of US$0.9198 or US$ […] Read more

By Commodity News Service Canada WINNIPEG, June 17 – The Canadian dollar ended softer relative to the US dollar on Tuesday, reacting to better than expected US inflation data, analysts said. The US government reported that the consumer price data in the US rising 0.4 per cent in May, which compared with expectations of a […] Read more

By Commodity News Service Canada Winnipeg, June 17 – The Canadian dollar was slightly lower against its US counterpart at midday Tuesday, as it looked to market trends for guidance in the absence of any major internal data. Investors are likely to stay cautious as the US Federal Reserve begins a two-day meeting. The meeting […] Read more

By Commodity News Service Canada WINNIPEG, June 17 The Canadian dollar was slightly weaker on Tuesday due to no major economic news being released. The Canadian Dollar will be looking for broader markets for guidance. At 9:18 CDT Tuesday morning, the Canadian Dollar was at US$0.9198 or US$ = C$1.0865, falling 0.26 of a cent […] Read more

By Commodity News Service Canada WINNIPEG, June 16 – The Canadian dollar ended firmer relative to the US dollar on Monday, following the rise seen in commodity values. Commodities, crude oil in particular, jumped higher on Monday due to worries about political problems and violence in Iraq disrupting the oil supply chain, analysts said. The […] Read more

By Commodity News Service Canada Winnipeg, June 16 – The Canadian dollar was little changed against its US counterpart at midday Monday, just ahead of a two-day meeting by the US Federal Reserve. On Tuesday, officials in the US will discuss a litany of issues including its quantitative easing program. The meeting comes at a […] Read more

By Commodity News Service Canada Winnipeg, June 16 – The Canadian dollar was slightly stronger on Monday morning as crude oil and other commodities pushed higher due to the escalating violence in Iraq. At 9:19 CDT Monday morning the Canadian dollar was at US$0.9223 or US$ = C$1.0842, down from Friday’s close of US$0.9207 or […] Read more

By Commodity News Service Canada WINNIPEG, June 13 – The Canadian dollar ended little changed relative to the US dollar on Friday. The lack of movement was linked to cautiousness ahead of the weekend, analysts said. The Canadian dollar closed at US$0.9211 or US$1=C$1.0856 on Friday, which compares with Thursday’s North American settlement of US$0.9212 […] Read more