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By Commodity News Service Canada Winnipeg, November 7 – The Canadian dollar opened weaker against its US counterpart on Thursday, undermined by strong US economic data, market watchers said. The US Department of Commerce reported that the third-quarter gross domestic product grew at an annualized rate of 2.8%, up from the 2% increase analysts expected. […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 6 – The Canadian dollar was stronger at midday Wednesday, as gains in outside commodity markets and solid building data provided support. At 10:48 CST, the Canadian dollar was trading at US$0.9600 or US$1=C$1.0417 which compares with Tuesday’s close of US$0.9562 or US$=C$1.0458. Statistics Canada reported that C$6.5 […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 6 – The Canadian dollar was firmer Wednesday morning, as solid domestic housing data provided support. At 8:36 CST Wednesday morning the Canadian dollar was at US$0.9579 or C$1.0439 which compares with Tuesday’s North American close of US$0.9562, or C$1.0458. Statistics Canada reported that C$6.5 billion worth of […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 5 – The Canadian dollar moved closed lower against the US dollar Tuesday, undermined by spillover from the weakness seen in crude oil values, analysts said. The Canadian currency was quoted at US$0.9562 or US$1=C$1.0458 at the close on Tuesday, which compares with Monday’s North American settlement of […] Read more

By Commodity News Service Canada Winnipeg, MB, November 5, 2013 (CNS Canada) – The Canadian dollar was weaker against its US counterpart at midday Tuesday, undermined by stronger-than-expected US economic news, industry watchers said. According to the Institute of Supply Management, their service sector index increased to 55.4 points in October, up from 54.4 points […] Read more

By Commodity News Service Canada Winnipeg, November 5 – The Canadian dollar opened weaker against its US counterpart on Tuesday, as traders position themselves ahead of the Institute for Supply Management’s index for the US service sector, which is scheduled to be released later in the morning, industry watchers said. Losses seen in commodities, including […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 4 – The Canadian dollar moved closed firmer against the US dollar on Monday, finding continued support from last week’s positive Canadian gross domestic product data, analysts said. The Canadian currency was quoted at US$0.9599 or US$1=C$1.0418 at the close on Monday, which compares with Friday’s North American […] Read more

By Commodity News Service Canada Winnipeg, November 4 – The Canadian dollar was slightly stronger against its US counterpart at midday Monday, underpinned by strong Canadian economic data from the previous week, industry watchers said. Expectations that Friday’s Canadian jobs report will show growth added to the bullish tone. According to economists, it’s expected the […] Read more

By Commodity News Service Canada Winnipeg, November 4 – The Canadian dollar opened stronger against its US counterpart on Monday, continuing to build off last week’s strong Canadian economic data, industry watchers said. Further strength came from expectations that Friday’s Canadian jobs report will show an increase in employment for October, analysts said. According to […] Read more

By Commodity News Service Canada Winnipeg, Nov. 1 – The Canadian dollar moved closed unchanged against the US dollar on Friday, consolidating following Thursday’s more than half a cent gain, analysts said. The Canadian currency was quoted at US$0.9590 or US$1=C$1.0427 at the close on Friday, which compares with Thursday’s North American settlement of US$0.9590 […] Read more