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By Commodity News Service Canada Winnipeg, November 27 – The Canadian dollar was down over half a cent against its US counterpart at midday Wednesday, as crude oil prices fell to a five-month low in the morning, dropping 1.49% to US$92.28 per barrel, market watchers said. Further weakness came from stronger-than-expected US economic data, participants […] Read more

By Commodity News Service Canada Winnipeg, November 27 – The Canadian dollar opened over half a cent weaker against its US counterpart on Wednesday, as oil prices fell to a five month low in the early morning, dropping 1.34% to US$92.42 per barrel, market watchers said. Slow Canadian payroll data was also bearish for the […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 26 – The Canadian dollar closed firmed against its US counterpart on Tuesday, recovering from its sharp drop on Monday and losses seen earlier in the day, analysts said. The Canadian currency was quoted at US$0.9497 or US$1=C$1.0530 at the close on Tuesday, which compares with Monday’s North […] Read more

By Commodity News Service Canada Winnipeg, November 26 – The Canadian dollar moved lower against its US counterpart at midday Tuesday, undermined by better-than- expected US housing data, industry watchers said. According to the US Department of Commerce, building permits were up 6.2% in October to a seasonally adjusted rate of 1.034 million. Economists were […] Read more

By Commodity News Service Canada Winnipeg, November 26 – The Canadian dollar opened close to unchanged against its US counterpart on Tuesday, with some strength coming from gains seen in commodities, including gold and crude oil, industry watchers said. However, better-than-expected US housing data limited any further gains, brokers said. According to the US Department […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 25 – The Canadian dollar closed lower against the US dollar on Monday, falling below the 95 cents US mark. Much of the weakness in the Canadian dollar was linked to losses seen in crude oil values following a deal between Iran and world powers which may result […] Read more

By Commodity News Service Canada Winnipeg, November 25 – The Canadian dollar was weaker against its US counterpart at midday Monday, undermined by a weekend agreement between Iran and other world powers regarding their nuclear program, market watchers said. According to analysts, the deal raises the possibility that Iran’s oil sanctions could be eased in […] Read more

By Commodity News Service Canada Winnipeg, November 25 – The Canadian dollar opened weaker against its US counterpart on Monday, dropping below 95 US cents amid a weekend agreement between Iran and other world powers regarding their nuclear program, industry watchers said. According to analysts, the deal also raises the possibility that oil sanctions on […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 22 – The Canadian dollar closed little changed against its US counterpart on Friday, recovering from earlier weakness when the loonie fell below the 95 cents US mark. The Canadian currency was quoted at US$0.9502 or US$1=C$1.0524 at the close on Friday, which compares with Thursday’s North American […] Read more

By Commodity News Service Canada Winnipeg, November 22 – The Canadian dollar moved lower against its US counterpart at midday Friday, undermined by weaker-than-expected Canadian inflation data, market watchers said. Statistics Canada reported that the year-over-year consumer price index for October rose 0.7%, which was lower than the 0.9% increase economists had expected. Gains seen […] Read more