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By Commodity News Service Canada Winnipeg, May 8 – The Canadian dollar jumped half a cent against its US counterpart at midday Thursday, as better-than-expected Chinese trade numbers helped the loonie take advantage of a weaker US dollar. Traders took confidence from China’s April trade data which showed exports rose 0.9% from the previous year. […] Read more

By Commodity News Service Canada Winnipeg, May 8 – The Canadian dollar rose against its US counterpart Thursday morning after Chinese trade data indicated the Asian country’s projected growth wasn’t as tepid as first thought. Exports from China rose 0.9 percent in April from a year ago. On the commodity markets, the June crude oil […] Read more

By Commodity News Service Canada WINNIPEG, May 7 – The Canadian dollar eased relative to the US dollar on Wednesday, seeing a correction following Tuesday’s sharp advance, analysts said. The Canadian dollar closed at US$0.9179 or US$1=C$1.0894 on Wednesday, which compares with Tuesday’s North American settlement of US$0.9192 or US$1=C$1.0879. Some of the weakness was […] Read more

By Commodity News Service Canada Winnipeg, May 7 – The Canadian dollar drifted lower against its US counterpart at midday Wednesday, on reports from Statistics Canada that building permit insurance was down 3% in March. The report isn’t considered a crucial factor in currency behaviour, but is considered an indication of where the housing sector […] Read more

By Commodity News Service Canada WINNIPEG, May 6 – The Canadian dollar was sharply stronger relative to the US dollar on Tuesday, lifted by positive Canadian trade data, analysts said. Statistics Canada revised Canadian trade data for February, upping the surplus to $847 million, from a previous report pegging the surplus at $290 million. In […] Read more

By Commodity News Service Canada Winnipeg, May 6 – The Canadian dollar was up slightly against its US counterpart at midday Tuesday, on forecasts Canadian economic growth will rise to 2.75 per cent by 2015. The analysis comes from The Organization for Economic Co-operation and Development. The internationally-renowned think-tank says the global economy will grow […] Read more

By Commodity News Service Canada Winnipeg, May 6 – The Canadian dollar rose against its US counterpart Tuesday morning on data that showed the country’s February goods trade surplus exceeded earlier projections. The February surplus was keyed in at C$847 million from the previous estimate of a C$290 million goods, said analysts. The June gold […] Read more

By Commodity News Service Canada WINNIPEG, May 5 – The Canadian dollar firmed against the US dollar on Monday amid quiet trade due to holidays in Japan and other places in the world, analysts said. The Canadian dollar closed at US$0.9131 or US$1=C$1.0952 on Monday, which compares with Friday’s North American settlement of US$0.9107 or […] Read more

By Commodity News Service Canada Winnipeg, May 5 – The Canadian dollar was up slightly against its US counterpart at midday Monday, as signs indicate the US economy is doing better in the second quarter. The Institute for Supply Management’s non-manufacturing index advanced to 55.2%. That’s up from the March reading of 53.1%. Economists had […] Read more

By Commodity News Service Canada Winnipeg, May 5 – The Canadian dollar was down slightly against its US counterpart Monday morning on concerns over Chinese manufacturing data and the deteriorating situation in Ukraine. The HSBC index shows Chinese manufacturing declined in April for the fourth consecutive month. Investors will be keenly watching tomorrow for the […] Read more