Archives

By Commodity News Service Canada WINNIPEG, Oct. 2 – The Canadian dollar was weaker compared to the US dollar on Wednesday, with traders continuing to avoid riskier assets due to concerns about the US government shutdown, analysts said. The Canadian currency was quoted at US$0.9679 or US$1=C$1.0332 at the close on Wednesday, which compares with […] Read more

By Commodity News Service Canada Winnipeg, October 2 – The Canadian dollar was slightly weaker against its US counterpart at midday Wednesday, as it remained in a narrow trading range due to the partial shutdown of the US government, which is now in its second full day, industry watchers said. Weakness came from Tuesday’s comments […] Read more

By Commodity News Service Canada Winnipeg, October 2 – The Canadian dollar opened weaker against its US counterpart on Wednesday, as the loonie remained in a narrow trading range as the partial shutdown of the US government continued into its second full day, industry watchers said. Losses seen in commodities, including gold, copper and crude […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 1 – The Canadian dollar eased against its US counterpart on Tuesday, as traders were avoiding risk due concerns about the effects that the shutdown of the US government will have on the economy, analysts said. The Canadian currency was quoted at US$0.9685 or US$1=C$1.0325 at the close […] Read more

By Commodity News Service Canada Winnipeg, MB, September 30, 2013 (CNS Canada) – The Canadian dollar was weaker against its US counterpart at midday Tuesday, undermined by the partial shutdown of the US government, industry watchers said. Weakness also came from Bank of Canada (BoC) Senior Deputy Governor Tiff Macklem’s announcement that Canada’s gross domestic […] Read more

By Commodity News Service Canada Winnipeg, October 1 – The Canadian dollar opened lower against its US counterpart on Tuesday, amid limited trading as investors were focused on the partial shutdown of the US government, industry watchers said. Losses seen in commodities, including gold, copper and crude oil, were bearish. According to analysts, Bank of […] Read more

By Commodity News Service Canada WINNIPEG, September 30 – The Canadian dollar closed unchanged against its US counterpart, as traders were waiting to see whether or not the US government will shut down at midnight before making any big moves, analysts said. The Canadian currency was quoted at US$0.9706 or US$1=C$1.0303 at the close on […] Read more

By Commodity News Service Canada Winnipeg, September 30 – The Canadian dollar was stronger against its US counterpart at midday Monday, underpinned by favourable Canadian economic data, industry watchers said. Statistics Canada reported that the gross domestic product (GDP) grew by 0.6% in July, which was higher than the 0.5% increase economists were expecting. July’s […] Read more

By Commodity News Service Canada Winnipeg, September 30 – The Canadian dollar opened stronger against its US counterpart on Monday, underpinned by better-than- expected Canadian economic data, industry watchers said. According to Statistics Canada, the gross domestic product increased by 0.6% in July, following June’s decline of 0.5%. July’s growth was above the 0.5% gain […] Read more

By Commodity News Service Canada WINNIPEG, Sept. 27 – The Canadian dollar firmed against its US counterpart on Friday, supported by spillover support from the strong gains seen in gold prices, analysts said. The Canadian currency was quoted at US$0.9706 or US$1=C$1.0303 at the close on Friday, which compares with Thursday’s North American close of […] Read more