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By Commodity News Service Canada Winnipeg, December 17 – The Canadian dollar was weaker against its US counterpart at midday Tuesday, as traders continue to position themselves ahead of the US Federal Reserve’s policy statement on Wednesday, industry watchers said. Losses seen in commodities, including gold, copper and crude oil, were bearish for the loonie. […] Read more

By Commodity News Service Canada Winnipeg, December 17 – The Canadian dollar opened weaker against its US counterpart on Tuesday, remaining in a narrow trading range ahead of the US Federal Reserve’s policy statement on Wednesday, industry watchers said. Although most economists expect tapering to begin in early 2014, some believe there is an outside […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 16 – The Canadian dollar closed slightly higher against the US dollar on Monday amid positioning ahead of the US Federal Reserve meeting later this week, analysts said. The Canadian currency was quoted at US$0.9446 or US$1=C$1.0587 at the close on Monday, which compares with Friday’s North American […] Read more

By Commodity News Service Canada Winnipeg, December 16 – The Canadian dollar was stronger against its US counterpart at midday Monday, as traders look ahead to the US Federal Reserve’s final policy meeting in 2013, which takes place Tuesday and Wednesday, industry watchers said. According to analysts, most economists still believe that the Fed will […] Read more

By Commodity News Service Canada Winnipeg, December 16 – The Canadian dollar opened slightly stronger against its US counterpart on Monday, as the loonie is expected to trade in a narrow range until Wednesday’s announcement from the US Federal Reserve on whether it will slow its monetary stimulus, industry watchers said. Gains seen in commodities, […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 13 – The Canadian dollar closed higher against the US dollar on Friday, lifted by positioning ahead of next week’s US Federal Reserve meeting, which may determine when they plan to ease out of stimulus programs, brokers said. The Canadian currency was quoted at US$0.9438 or US$1=C$1.0595 at […] Read more

By Commodity News Service Canada Winnipeg, December 13 – The Canadian dollar was stronger against its US counterpart at midday Friday, underpinned by ideas that weaker- than-expected US wholesale prices could lead the US Federal Reserve to delaying tapering until 2014, industry watchers said. According to the US Department of Labour, the producer price index […] Read more

By Commodity News Service Canada Winnipeg, December 13 – The Canadian dollar opened close to unchanged against its US counterpart on Friday, as continued concerns that the US Federal Reserve could slow its monetary stimulus as early as next week created some weakness, industry watchers said. The Fed is scheduled to meet on December 17 […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 12 – The Canadian dollar was down sharply against its US counterpart on Thursday, as Bank of Canada Governor Stephen Poloz raised concerns about Canadian inflation rates, noting that interest rates may be left unchanged for another two years, analysts said. The Canadian currency was quoted at US$0.9398 […] Read more

By Commodity News Service Canada Winnipeg, December 12 – The Canadian dollar was down over half a cent against its US counterpart at midday Thursday, undermined by better-than-expected US economic data, market watchers said. The US Department of Commerce said retail sales in November were up 0.7%, beat trading expectations of a 0.6% increase. Further […] Read more