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By Commodity News Service Canada Winnipeg, April 14 – The Canadian dollar rose against the US dollar Monday morning as a pending decision by the Bank of Canada whether or not to adjust its policy rate provided support to the currency. Canada’s central bank is generally expected to keep its policy rate at 1%, said […] Read more

By Commodity News Service Canada WINNIPEG, April 11 – The Canadian dollar moved sharply lower against the US dollar on Friday, following the weakness seen in outside equity markets, analysts said. The Canadian dollar closed at US$0.9108 or US$1=C$1.0979 on Friday, which compares with Thursday’s North American settlement of US$0.9150 or US$1=C$1.0929. Spillover pressure from […] Read more

By Commodity News Service Canada Winnipeg, April 11 – The Canadian dollar continued to fall against its US counterpart at midday Friday, as weakening global markets and signs of trade weakness from China pressured the market, analysts said. The decline was also sparked by US inflation news that suggested a tapering of federal policy would […] Read more

By Commodity News Service Canada Winnipeg, April 11 – The Canadian dollar fell Friday morning in the face of a strengthening US dollar and weakening global markets. A shift away from riskier assets is credited with helping the US dollar hold gains, according to a report by BMO Capital Markets. It will be difficult for […] Read more

By Commodity News Service Canada WINNIPEG, April 10 – The Canadian dollar eased relative to the US dollar on Thursday, seeing a correction following recent advances, analysts said. The Canadian dollar closed at US$0.9150 or US$1=C$1.0929 on Thursday, which compares with Wednesday’s North American settlement of US$0.9198 or US$1=C$1.0872. Disappointing Chinese trade data also weighed […] Read more

By Commodity News Service Canada Winnipeg, April 10 – The Canadian dollar eased against the US dollar at 11:45 CDT Thursday, undermined by disappointing Chinese trade data, analysts said. Reports showed that exports out of China dropped 6.6 per cent compared to a year ago, falling below expectations that exports would see slight growth. Imports […] Read more

By Commodity News Service Canada WINNIPEG, April 10 The Canadian dollar was weaker Thursday morning, seeing a modest correction following recent gains relative to its US counterpart. At 9:04 CDT Monday morning the Canadian dollar was at US$0.9166 or C$1.0910 which compares with Wednesday’s North American close of US$0.9198, or C$1.0872. Chinese trade data released […] Read more

By Commodity News Service Canada WINNIPEG, April 9 – The Canadian dollar continued to firm relative to the US dollar on Wednesday, closing just below 92 cents US. A broad sell-off in the US dollar, after the release of US Federal Reserve minutes from last month’s meeting were dovish, helped the Canadian dollar move higher, […] Read more

By Commodity News Service Canada Winnipeg, April 9 – The Canadian dollar was up slightly against its US counterpart at midday Wednesday, as investors waited for the mid-afternoon release of the US Federal Reserve’s March policy meeting. Trading in Canadian bonds was also muted. Part of that was due to a general lack of domestic […] Read more

By Commodity News Service Canada Winnipeg, April 9 – The Canadian dollar dipped slightly Wednesday morning as traders looked for a stronger sense of direction in the lead-up to the release of the Federal Reserve’s minutes from their March meeting. The US dollar should see buying interest if the minutes back up the hawkish tone […] Read more