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By Commodity News Service Canada Winnipeg, October 11 – The Canadian dollar was stronger against its US counterpart at midday Friday, underpinned by better-than- expected Canadian employment news, industry watchers said. Statistics Canada reported that the economy created 11,900 jobs in September, which was slightly better than the 10,000 job increase economists’ expected. Canada’s unemployment […] Read more

By Commodity News Service Canada Winnipeg, October 11 – The Canadian dollar opened slightly stronger against its US counterpart on Friday, underpinned by positive Canadian employment data, industry watchers said. According to Statistics Canada, 11,900 jobs were added in September, which is higher than the 10,000 job increase that economists had forecast. Canada’s unemployment rate […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 10 – The Canadian dollar was little changed against its US counterpart on Thursday, as traders continued to be cautious amid the US government shutdown, now into its second week. The Canadian currency was quoted at US$0.9619 or US$1=C$1.0396 at the close on Thursday, which compares with Wednesday’s […] Read more

By Commodity News Service Canada Winnipeg, October 10 – The Canadian dollar was stronger against its US counterpart at midday Thursday, underpinned by news that US President Barack Obama was meeting with Republican leaders in the morning to discuss the partial shutdown of the US government and raising the debt ceiling, industry watchers said. Expectations […] Read more

By Commodity News Service Canada Winnipeg, October 10 – The Canadian dollar opened flat against its US counterpart on Wednesday, as the partial shutdown of the US government, which is now into its second week, continues to dictate the direction of the loonie, industry watchers said. Some weakness came from unfavourable Canadian housing data, analysts […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 9 – The Canadian dollar eased against its US counterpart on Wednesday, as traders continued to shed risk amid the prolonged US government shutdown, now in its second week, analysts said. The Canadian currency was quoted at US$0.9621 or US$1=C$1.0394 at the close on Wednesday, which compares with […] Read more

By Commodity News Service Canada Winnipeg, October 9 – The Canadian dollar was weaker against its US counterpart at midday Wednesday, undermined by the continued partial shutdown of the US government, industry watchers said. Losses seen in commodities, including gold, copper and crude oil, added to the bearish tone. At 11:26 CDT Wednesday, the Canadian […] Read more

By Commodity News Service Canada Winnipeg, October 9 – The Canadian dollar opened lower against its US counterpart on Wednesday, as the partial shutdown of the US government, which in now into its second week, weighed on the loonie, industry watchers said. Losses seen in commodities, including gold, copper and crude oil, added to the […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 8 – The Canadian dollar was sharply weaker on Tuesday, losing more than half a cent against its US counterpart. Some of the weakness was linked to news that Canada’s trade deficit widened in August, analysts said. Statistics Canada reported that Canada’s trade deficit with the world was […] Read more

By Commodity News Service Canada Winnipeg, October 8 – The Canadian dollar was weaker against its US counterpart at midday Tuesday, undermined by poor Canadian economic data, industry watchers said. Statistics Canada reported that Canada’s trade deficit with the world widened in August to C$1.31 billion, up from C$1.19 billion in July. Economists were expecting […] Read more