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By Commodity News Service Canada Winnipeg, April 8 – The Toronto Stock Exchange (TSX) ended higher Tuesday, as rising prices in both the energy and metal sectors boosted resource issues. Key commodity prices shot up to their highest points in weeks as the TSX surged by triple digits. Crude oil prices rose as renewed tensions […] Read more

By Commodity News Service Canada WINNIPEG, April 8 – The Canadian dollar strengthened relative to the US dollar on Tuesday, reacting to the broad weakness in the US dollar, sparked by concerns about political problems in Ukraine, analysts said. The Canadian dollar closed at US$0.9156 or US$1=C$1.0922 on Tuesday, which compares with Monday’s North American […] Read more

By Commodity News Service Canada Winnipeg, April 8 – The Canadian dollar continued to climb against its US counterpart at midday Tuesday, as the effects of the Quebec election bolstered investors’ confidence. Monday night’s election moved the separatist Parti Quebecois’s objectives off the political landscape. The Bank of Japan’s decision to leave its monetary policy […] Read more

By Commodity News Service Canada Winnipeg, April 8 – The Canadian dollar rose a third of a cent Tuesday morning, on the strength of the Quebec election which saw the separatist Bloc Quebecois voted out of power. In domestic data, a report from the Canada Mortgage and Housing Corp. said March housing starts dropped to […] Read more

By Commodity News Service Canada WINNIPEG, April 7 – The Canadian dollar finished firmer relative to the US dollar on Monday, reacting to a positive report from the Bank of Canada, analysts said. The Bank of Canada released their quarterly business outlook survey, which revealed that the 100 firms who were surveyed last month showed […] Read more

By Commodity News Service Canada Winnipeg, April 7 – The Canadian dollar was up slightly against its US counterpart at midday Monday, as questions remain about the state of the Canadian economy. The Bank of Canada’s quarterly survey showed company confidence was the highest it’s been in two years. However the report says many companies […] Read more

By Commodity News Service Canada Winnipeg, April 7 – The Canadian dollar fell slightly Monday morning as investors waited to see the Bank of Canada’s quarterly business outlook. The report is reviewed closely for its potential impact on the policy direction for Canada’s central bank. RBC’s one-month economic surprise index for Canada is at its […] Read more

By Commodity News Service Canada WINNIPEG, April 4 – The Canadian dollar finished stronger relative to the US dollar on Friday, lifted by positive Canadian employment data, analysts said. According to Statistics Canada, 43,000 new jobs were created in Canada during the month of March, while the unemployment rate dropped to 6.9 per cent, from […] Read more

By Commodity News Service Canada WINNIPEG, April 4- The Canadian dollar was stronger Friday morning, moving back above 91 US cents as employment data beat expectations. At 11:53 CDT, the Canadian dollar was trading at US$0.9109 or US$1=C$1.0978 which compares with Thursday’s close of US$0.9059 or US$=C$1.1039. The Canadian economy created 43,000 jobs in March […] Read more

By Commodity News Service Canada WINNIPEG, April 3 – The Canadian dollar finished flat against the US dollar for the second consecutive day on Thursday. Traders continued to be cautious ahead of the release of key Canadian and US employment data on Friday, analysts said. Expectations call for Canadian employment figures to show 22,500 new […] Read more