Archives

By Commodity News Service Canada WINNIPEG, Jan. 20 – The Canadian dollar closed higher amid quiet activity on Monday, as the US markets were all closed to observe Martin Luther King Jr. Day. The Canadian currency’s strength was linked to ideas that recent losses were overdone, analysts said. The Canadian currency closed at US$0.9132 or […] Read more

By Commodity News Service Canada Winnipeg, January 20 – The Canadian dollar was stronger against its US counterpart at midday Monday, reversing some of last week’s losses amid quiet trading due to the Martin Luther King Jr. Day federal holiday in the US, industry watchers said. The loonie was given a boost by the US […] Read more

By Commodity News Service Canada Winnipeg, January 20 – The Canadian dollar opened stronger against its US counterpart on Monday, reversing some of last week’s losses as US markets are closed due to the Martin Luther King Day federal holiday, industry watchers said. The loonie was strengthened by the US dollar’s inability to break through […] Read more

By Commodity News Service Canada Winnipeg, January 17 – The Canadian dollar closed lower against its US counterpart on Friday, as the US dollar once again moved towards resistance seen at the key technical level of C$1.1000, market watchers said. Losses seen in commodities, including copper and crude oil, added to the bearish tone. Traders […] Read more

By Commodity News Service Canada Winnipeg, January 17 – The Canadian dollar was weaker against its US counterpart at midday Friday, as the US dollar once again moved towards resistance seen at the key technical level of C$1.1000, market watchers said. Losses seen in commodities, including copper and crude oil, added to the bearish tone. […] Read more

By Commodity News Service Canada Winnipeg, MB, January 17, 2014 (CNS Canada) – The Canadian dollar opened weaker against its US counterpart on Friday, as the US dollar once again moved towards resistance seen at the key technical level of C$1.1000, industry watchers said. Losses seen in commodities, including crude oil and copper, added to […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 16 – The Canadian dollar was higher against the US dollar on Thursday, as the currency continued to stabilize after falling sharply recently, analysts said. Disappointing US inflation data was supportive for the loonie. The US government reported that inflation was up to only 1.5 per cent on […] Read more

By Commodity News Service Canada Winnipeg, January 16 – The Canadian dollar was stronger against its US counterpart at midday Thursday, underpinned by favourable technical signals, market watchers said. According to analysts, the US dollar’s inability to break through C$1.1000 in the previous session could mean its strength against the loonie is slowing. Gains seen […] Read more

By Commodity News Service Canada Winnipeg, January 16 – The Canadian dollar opened stronger against its US counterpart on Thursday, underpinned by positive technical signals, according to industry watchers. Analysts said the US dollar’s inability to break through C$1.1000 in the previous session means its strength against the loonie could be slowing. Gains seen in […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 15 – The Canadian dollar was little changed on Wednesday, seeing a consolidation following recent sharp declines, analysts said. Some support came from short covering ahead of next week’s Bank of Canada policy announcement, where interest rates are expected to remain unchanged. Strong crude oil prices were also […] Read more