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By Commodity News Service Canada Winnipeg, April 29 – The Canadian dollar was up against its US counterpart at midday Tuesday, as an earnings report from oilsands giant Suncor Energy buoyed expectations for the energy sector overall. Suncor posted earnings of C$1.79 billion which widely outperformed initial estimates. Traders are anxiously watching the US Federal […] Read more

By Commodity News Service Canada Winnipeg, April 29 – The Canadian dollar rose against its US counterpart Tuesday morning after a strong performance from Canadian equity markets and oil prices. Several corporate releases and strong oil prices suggest the Canadian dollar has helped boost profitability, said an analyst. Canada’s February Weekly Employee Earnings report is […] Read more

By Commodity News Service Canada WINNIPEG, April 28 – The Canadian dollar closed firmer relative to the US dollar on Monday, lifted by technical based buying, analysts said. The Canadian dollar closed at US$0.9070 or US$1=C$1.1025 on Monday, which compares with Friday’s North American settlement of US$0.9061 or US$1=C$1.1036. Spillover support from the gains seen […] Read more

By Commodity News Service Canada Winnipeg, April 28 – The Canadian dollar was marginally higher against its US counterpart Monday morning as investors waited to analyze economic data from both sides of the border. Market holidays and a lack of domestic data have kept the dollar restricted to a narrow trading bracket in recent sessions, […] Read more

By Commodity News Service Canada WINNIPEG, April 25 – The Canadian dollar closed weaker relative to the US dollar on Friday amid a lack of risk sentiment due to ongoing worries about political problems in Ukraine and Russia, analysts said. The Canadian dollar closed at US$0.9061 or US$1=C$1.1036 on Friday, which compares with Thursday’s North […] Read more

By Commodity News Service Canada Winnipeg, April 25 – The Canadian dollar was down slightly against its US counterpart at midday Friday, as the turbulent situation in Ukraine backed off nervous investors. Canadian Oil Sands Ltd. lowered its production estimates during 2014 for the Syncrude Canada Oilsands site to between 95 million to 105 million […] Read more

By Commodity News Service Canada Winnipeg, April 25 – The Canadian dollar was virtually unchanged against its US counterpart Friday morning as investors waited to see how geo-political uncertainty in Ukraine will play out. The loonie is generally thought of as a risk-sensitive currency and will sometimes experience selling pressure at times like this, said […] Read more

By Commodity News Service Canada Winnipeg, April 25 – The Canadian dollar was virtually unchanged against its US counterpart Friday morning as investors waited to see how geo-political uncertainty in Ukraine will play out. The loonie is generally thought of as a risk-sensitive currency and will sometimes experience selling pressure at times like this, said […] Read more

By Commodity News Service Canada WINNIPEG, April 24 – The Canadian dollar closed fractionally firmer relative to the US dollar on Thursday, keeping within its recent narrow trading range. The Canadian dollar closed at US$0.9068 or US$1=C$1.1028 on Thursday, which compares with Wednesday’s North American settlement of US$0.9064 or US$1=C$1.1032. Support came from a statement […] Read more

By Commodity News Service Canada Winnipeg, April 24 – The Canadian dollar was unchanged against its US counterpart at midday Thursday, as it consolidated amid mixed news for Canadian consumers. Information showing spending was up in February after declining in January reinforced earlier estimates of slow growth in the first quarter, said an analyst. Any […] Read more