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By Commodity News Service Canada WINNIPEG, Oct. 23 – The Canadian dollar was sharply weaker compared to its US counterpart on Wednesday, losing more than three-quarters of a cent. The Canadian currency was quoted at US$0.9630 or US$1=C$1.0384 at the close on Wednesday, which compares with Tuesday’s North American close of US$0.9719 or US$=C$1.0289. Much […] Read more

By Commodity News Service Canada Winnipeg, October 23 – The Canadian dollar was significantly weaker against its US counterpart at midday Wednesday, undermined by concerns that China’s central bank could raise interest levels in the near future, which would slow global economic growth, industry watchers said. Further weakness came from news that the Bank of […] Read more

By Commodity News Service Canada Winnipeg, October 23 – The Canadian dollar opened weaker against its US counterpart on Wednesday, undermined by concerns that China’s central bank could raise interest levels in the near-term, which would slow global economic growth, industry watchers said. Losses seen in commodities, including gold, copper and crude oil, added to […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 22 – The Canadian dollar firmed against the US currency on Tuesday, underpinned by disappointing US employment data, which could result in the US Federal Reserve holding off on easing out of stimulus programs. According to the US Department of Labour, the economy created 148,000 jobs in September, […] Read more

By Commodity News Service Canada Winnipeg, October 22 – The Canadian dollar was stronger against its US counterpart at midday Tuesday, underpinned by unfavourable US economic data, market watchers said. The US Department of Labour reported that the US economy created 148,000 jobs in September, which is significantly lower than the 180,000 jobs economists’ expected. […] Read more

By Commodity News Service Canada Winnipeg, October 22 – The Canadian dollar opened stronger against its US counterpart on Tuesday, underpinned by weaker-than-expected US economic data, industry watchers said. According to the US Department of Labour, the economy created 148,000 jobs in September, which is significantly weaker than the 180,000 job increase that economists’ expected. […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 21 – The Canadian dollar eased slightly against its US counterpart on Monday, as traders were being cautious and booking profits ahead of a slew of economic indicators expected later this week, analysts said. Statistics Canada will release Canadian retail sales data on Tuesday for the month of […] Read more

By Commodity News Service Canada Winnipeg, October 21 – The Canadian dollar was slightly lower against its US counterpart at midday Monday, undermined by expectations of a strong US jobs report that could give the US Federal Reserve incentive to slow its monetary stimulus in the near-term, industry watchers said. According to economists, it’s expected […] Read more

By Commodity News Service Canada Winnipeg, October 21 – The Canadian dollar opened slightly weaker against its US counterpart on Monday, remaining in a narrow trading range ahead of Wednesday’s Bank of Canada monetary policy statement, industry watchers said. Some weakness came from expectations that Tuesday’s US jobs report will show the economy created 180,000 […] Read more

By Commodity News Service Canada Winnipeg, October 18 – The Canadian dollar closed flat on Friday, despite the release of favourable Canadian economic data, analysts said. According to Statistics Canada, the year-over-year consumer price index for September rose 1.1%, matching August’s increase. However, losses seen in commodities, including gold and copper, reversed those gains. The […] Read more