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By Commodity News Service Canada WINNIPEG, May 2 – The Canadian dollar eased against the US dollar on Friday, undermined by better than expected US jobs data, analysts said. US government data showed that 288,000 new jobs were created during the month of April, beating expectations of 200,000 to 215,000 new US jobs. However, spillover […] Read more

By Commodity News Service Canada Winnipeg, May 2 – The Canadian dollar was marginally lower against its US counterpart at midday Friday, as better-than-expected jobs data in the US pushed the American greenback higher and kept many traders on the sidelines. TransCanada Corp. shares were up three cents to C$51.21 as the company told investors […] Read more

By Commodity News Service Canada Winnipeg, May 2 – The Canadian dollar was down slightly against its US counterpart Friday morning as a better than expected April US jobs report put pressure on the loonie. The report said the US economy generated 288,000 jobs during the month of April. That exceeded forecasts by analysts who […] Read more

By Commodity News Service Canada WINNIPEG, May 1 – The Canadian dollar closed nearly unchanged against the US dollar on Thursday, as traders were being cautious ahead of Friday’s US jobs data, analysts said. The Canadian dollar closed at US$0.9123 or US$1=C$1.0961 on Thursday, which compares with Wednesday’s North American settlement of US$0.9124 or US$1=C$1.0960. […] Read more

By Commodity News Service Canada Winnipeg, May 1 – The Canadian dollar was little changed against its US counterpart at midday Thursday, as North American earnings results underwhelmed investors on a muted day of trading. Unemployment applications in the US rose 14% last week, the highest mark since February and a worrying sign just a […] Read more

By Commodity News Service Canada Winnipeg, May 1 – The Canadian dollar was down slightly against its US counterpart Thursday morning as investors waited to see US jobs data and manufacturing information due to be released tomorrow. The loonie is range-bound as markets in Europe and Asia, widely closed for the May Day holiday, have […] Read more

By Commodity News Service Canada WINNIPEG, April 30 – The Canadian dollar closed slightly lower relative to the US dollar Wednesday, undermined by profit taking at the highs of the day, analysts said. The Canadian dollar did move higher earlier in the trading session, lifted by disappointing US economic data. The Canadian dollar closed at […] Read more

By Commodity News Service Canada Winnipeg, April 30 – The Canadian dollar was virtually unchanged against its US counterpart at midday Wednesday, as the Canadian GDP managed to reach the 0.2% growth mark forecast for the month of February. The United States posted a meager 0.1% rise in the first quarter, well below expectations. Other […] Read more

By Commodity News Service Canada Winnipeg, April 30 – The Canadian dollar was down slightly against its US counterpart Wednesday morning after a mixed reading of economic growth data was released in both the United States and Canada. According to Statistics Canada, Canada’s GDP rose by 0.2% in February. However, the US GDP was stuck […] Read more

By Commodity News Service Canada WINNIPEG, April 29 – The Canadian dollar closed sharply higher compared to the US dollar on Tuesday, lifted by technical buying, analysts said. The Canadian dollar closed at US$0.9132 or US$1=C$1.0951 on Tuesday, which compares with Monday’s North American settlement of US$0.9070 or US$1=C$1.1025. A return to buying riskier assets […] Read more