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By Commodity News Service Canada Winnipeg, May 20 – The Canadian dollar was lower against its US counterpart Tuesday morning on data showing lower wholesale sales in March. According to Statistics Canada, Canadian wholesales sales dropped 0.4% to C$50.5 billion in the month of March. Motor vehicles and parts led the decline. The June crude […] Read more

By Commodity News Service Canada WINNIPEG, May 16 – The Canadian dollar was stronger relative to the US dollar on Friday, breaking above the 92 cents US mark. Some of the activity was linked to position squaring ahead of the long weekend, as Canadian markets will be close Monday, May 19, for Victoria Day. US […] Read more

By Commodity News Service Canada Winnipeg, May 16 – The Canadian dollar was relatively unchanged against its US counterpart at midday Friday, as gains in commodities helped offset pressures felt internationally. Data suggesting the recovery in Europe is more fragile that first thought pressured the loonie, said an analyst. Wal-Mart also delivered a weaker-than-expected outlook […] Read more

By Commodity News Service Canada Winnipeg, May 16 – The Canadian dollar was little changed against its US counterpart Friday morning on mixed commodity prices and a robust US housing report. April housing starts in the US surpassed initial estimates and failed to sway the loonie, which has featured low volatility in the past few […] Read more

By Commodity News Service Canada WINNIPEG, May 15 – The Canadian dollar was slightly firmer compared to the US dollar on Thursday, seeing some follow-through buying on Wednesday’s advances, analysts said. The Canadian dollar closed at US$0.9194 or US$1=C$1.0877 on Thursday, which compares with Wednesday’s North American settlement of US$0.9189 or US$1=C$1.0882. Better than expected […] Read more

By Commodity News Service Canada Winnipeg, May 15 – The Canadian dollar rose slightly against its US counterpart at midday Thursday, as a better-then-expected manufacturing report helped offset pressures elsewhere. The loonie trended slightly upward after Statistics Canada reported manufacturing sales in March rose 0.4% to C$50.9 billion. This exceeded analyst’s expectations of a 0.1% […] Read more

By Commodity News Service Canada Winnipeg, May 15 – The Canadian dollar was slightly higher against its US counterpart Thursday morning as the loonie held onto momentum gained yesterday. Statistics Canada reported manufacturing sales were up 0.4% in March due to sales of plastics, machinery and food. This had a bullish influence on the dollar, […] Read more

By Commodity News Service Canada WINNIPEG, May 14 – The Canadian dollar closed firmer relative to the US dollar on Wednesday, following the advances seen in other commodity-linked currencies, including the New Zealand and Australian dollars, analysts said. The Canadian dollar closed at US$0.9189 or US$1=C$1.0882 on Wednesday, which compares with Tuesday’s North American settlement […] Read more

By Commodity News Service Canada Winnipeg, May 14 – The Canadian dollar was up slightly against its US counterpart at midday Wednesday, on the back of rising commodity prices. The TSX gold sector advanced one percent while June bullion jumped $10.20 to US$1,305 an ounce. The energy sector was up 0.38 per cent and the […] Read more

By Commodity News Service Canada Winnipeg, May 14 – The Canadian dollar was slightly firmer against its US counterpart Wednesday morning as traders waited for new data to push the loonie up or down. A report on Canadian manufacturing shipments is due out on Thursday. The Canadian dollar is currently locked in a tight trading […] Read more