Archives

By Commodity News Service Canada WINNIPEG, Dec. 11 – The Canadian dollar was up slightly against the US dollar on Wednesday as it continued to recover following a recent sharp drop, analysts said. Technical based buying was said to be supportive. However, the loonie’s upside was capped by spillover pressure from the declines seen in […] Read more

By Commodity News Service Canada Winnipeg, December 11 – The Canadian dollar was slightly weaker against its US counterpart at midday Wednesday, as the loonie remained in a narrow trading range due to a lack of fresh Canadian or US economic data, industry watchers said. Losses seen in commodities, including crude oil and gold, were […] Read more

By Commodity News Service Canada Winnipeg, December 11 – The Canadian dollar opened slightly higher against its US counterpart on Wednesday, underpinned by the US dollar’s inability to break through the key technical level of C$1.0700 last week, industry watchers said. Gains seen in commodities, including gold and copper, added to the loonie’s bullish tone. […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 10 – The Canadian dollar firmed against the US dollar on Tuesday, lifted by the strong advances seen in commodities, including crude oil and gold, analysts said. The Canadian currency was quoted at US$0.9431 or US$1=C$1.0603 at the close on Tuesday, which compares with Monday’s North American settlement […] Read more

By Commodity News Service Canada Winnipeg, December 10 – The Canadian dollar was stronger against its US counterpart at midday Tuesday, as the loonie is expected to remain in a narrow trading range due to a lack of fresh economic news, industry watchers said. The Canadian dollar was supported by strong commodity prices, as gold, […] Read more

By Commodity News Service Canada Winnipeg, December 10 – The Canadian dollar opened slightly stronger against its US counterpart on Tuesday, as investors expect it to trade in a narrow range due to a lack of fresh US or Canadian economic data, industry watchers said. With no major Canadian economic data scheduled to be released […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 9 – The Canadian dollar firmed against the US dollar on Monday, recovering from recent sharp declines, analysts said. The Canadian currency was quoted at US$0.9403 or US$1=C$1.0635 at the close on Monday, which compares with Friday’s North American settlement of US$0.9384 or US$=C$1.0656. Spillover support from the […] Read more

By Commodity News Service Canada Winnipeg, December 9 – The Canadian dollar was stronger against its US counterpart at midday Monday, reversing early morning losses and remaining in a narrow trading range amid a lack of fresh US or Canadian economic news, industry watchers said. Gains seen in commodities, including crude oil, gold and copper, […] Read more

By Commodity News Service Canada Winnipeg, December 9 – The Canadian dollar opened weaker against its US counterpart on Monday, undermined by concerns that recent better-than-expected US economic data could lead the US Federal Reserve to slowing its monetary stimulus later this month, industry watchers said. Weaker-than-expected Canadian housing data also weighed on the loonie, […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 6 – The Canadian dollar eased against the US dollar on Friday. Positive US economic data, which fuelled expectations that the US Federal Reserve will ease of out stimulus programs, contributed to the Canadian dollar’s weakness. According to the US Department of Labour, the US economy created 203,000 […] Read more