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By Commodity News Service Canada Winnipeg, January 13 – The Canadian dollar was stronger against its US counterpart at midday Monday, reversing some of the losses seen Friday, which were due to weaker-than-expected Canadian economic data, industry watchers said. The loonie was given a boost by a favourable Canadian economic outlook from the Bank of […] Read more

By Commodity News Service Canada Winnipeg, January 13 – The Canadian dollar opened stronger against its US counterpart on Monday, reversing some of the losses seen on Friday due to a disappointing Canadian jobs report, industry watchers said. Traders were also positioning themselves ahead of the Bank of Canada’s quarterly business outlook survey, which will […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 10 – The Canadian dollar plunged lower for the fifth straight day on Friday, making for a total loss of more than two and a quarter cents against the US dollar since last Friday. Disappointing Canadian employment data was to blame for the decline on Friday, analysts said. […] Read more

By Commodity News Service Canada Winnipeg, January 10 – The Canadian dollar was significantly weaker against its US counterpart at midday Friday, falling below the 92 US cents level amid weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, employment was down by 46,000 in December, which compares to the 14,000 job increase […] Read more

By Commodity News Service Canada Winnipeg, January 10 – The Canadian dollar opened significantly lower against its US counterpart on Friday, falling by more than three quarters of a cent amid weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, employment was down by 46,000 in December, which compares to the 14,000 job […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 9 – The Canadian dollar closed lower for the fourth straight day on Thursday, making the week’s total losses almost two full cents against the US dollar. Disappointing Canadian housing data was to blame for Thursday’s decline in the value of the loonie. Statistics Canada reported that building […] Read more

By Commodity News Service Canada Winnipeg, January 9 – The Canadian dollar moved lower against its US counterpart at midday Thursday, falling to a four-year low earlier in the session amid weaker-than-expected Canadian economic data, industry watchers said. Statistics Canada reported that building permits were down for the first time in three months during November, […] Read more

By Commodity News Service Canada Winnipeg, January 9 – The Canadian dollar opened weaker against its US counterpart on Thursday, undermined by weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, building permits were down for the first time in the past three months during November, dropping 6.7% to C$6.8 billion. Economists were […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 8 – The Canadian dollar closed a third of a cent lower on Wednesday, hitting a fresh three-year low in the process. This comes after the currency dropped more than a cent against the US dollar on Tuesday. Positive US employment data was to blame for Wednesday’s decline, […] Read more

By Commodity News Service Canada Winnipeg, January 8 – The Canadian dollar was weaker against its US counterpart at midday Wednesday, falling to a new 44-month low earlier in the session amid better-than-expected US economic data, industry watchers said. According to an Automatic Data Processing Inc. (ADP) report, private sector jobs in the US increased […] Read more