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By Commodity News Service Canada WINNIPEG, Nov. 18 – The Canadian dollar closed firmer against the US dollar on Monday, with some of the strength linked to positive economic announcements from the Chinese government, analysts said. China announced that it will be changing reforms, including relaxing its rule single child rule and getting rid of […] Read more

By Commodity News Service Canada Winnipeg, November 18 – The Canadian dollar moved higher against its US counterpart at midday Monday, underpinned by favourable Canadian economic data, industry watchers said. Statistics Canada reported that foreign investment in Canadian securities increased in September to C$8.4 billion, following a slowdown to C$2.1 billion seen in August. Further […] Read more

By Commodity News Service Canada Winnipeg, November 18 – The Canadian dollar opened stronger against its US counterpart on Monday, underpinned by strong Canadian economic data, market watchers said. According to Statistics Canada, foreign investment in Canadian securities increased to C$8.4 billion in September, following a slowdown to C$2.1 billion in August. Gains seen in […] Read more

By Commodity News Service Canada Winnipeg, Nov. 15 – The Canadian dollar closed firmer against the US dollar on Friday, underpinned by positive Canadian manufacturing data, analysts said. Statistics Canada reported that manufacturing sales increased by 0.6% in Canada to C$49.9 billion during the month of September. Pre-report expectations called for a rise of 0.5%. […] Read more

By Commodity News Service Canada Winnipeg, November 15 – The Canadian dollar was stronger against its US counterpart at midday Friday, underpinned by stronger-than- expected Canadian economic data, industry watchers said. According to Statistics Canada, manufacturing sales were up 0.6% in September, beating trade expectations of a 0.5% increase. Gains seen in commodities, including gold […] Read more

By Commodity News Service Canada Winnipeg, November 15 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by weak Canadian economic data, industry watchers said. The Canadian Real Estate Association said sales of existing homes declined 3.2% in October. However, gains seen in commodities, including gold and crude oil, limited the […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 14 – The Canadian dollar closed slightly lower compared to its US counterpart on Thursday, undermined by ideas that Wednesday’s advance was overdone, analysts said. Positive US employment data was also bearish. However, the Canadian currency was well off its lows of the day, as a dovish remark […] Read more

By Commodity News Service Canada Winnipeg, November 14 – The Canadian dollar was weaker against its US counterpart at midday Thursday, undermined by strong US jobs data, industry watchers said. According to the US Department of Labour, jobless benefits were down for the fifth consecutive week, as claims declined by 2,000 to a seasonally adjusted […] Read more

By Commodity News Service Canada Winnipeg, November 14 – The Canadian dollar opened weaker against its US counterpart on Thursday, undermined by better-than-expected US jobless data, industry watchers said. The US Department of Labour reported that jobless benefits were down for a fifth consecutive week, as claims declined by 2,000 during the week ended November […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 13 – The Canadian dollar closed higher against its US counterpart on Wednesday, rebounding from recent sharp losses, analysts said. The Canadian currency was quoted at US$0.9558 or US$1=C$1.0462 at the close on Wednesday, which compares with Tuesday’s North American settlement of US$0.9530 or US$=C$1.0493. Some of the […] Read more