Archives

By Commodity News Service Canada Winnipeg, September 27 – The Canadian dollar was stronger against its US counterpart at midday Friday, as the loonie remained in a narrow trading range as investors wait for US Congress to decide if they will fund the US government so it can continue operating when the new fiscal year […] Read more

By Commodity News Service Canada Winnipeg, September 27 – The Canadian dollar opened flat against its US counterpart on Friday, amid slow trading as investors continue to wait and see if US Congress will pass a bill to fund the US government so it can continue operating when the new fiscal year starts on October […] Read more

By Commodity News Service Canada WINNIPEG, September 26 – The Canadian dollar closed unchanged against its US counterpart on Thursday. Traders were wary of pushing the Canadian currency too far one way or the other due to worries about the debate surrounding the US budget and fiscal situation. The Canadian currency was quoted at US$0.9696 […] Read more

By Commodity News Service Canada Winnipeg, September 26 – The Canadian dollar was weaker against its US counterpart at midday Thursday, undermined by favourable US economic data, market watchers said. According to the US Department of Labour, jobless claims decreased by 5,000 to a seasonally adjusted 305,000 during the week ended September 21. The decrease […] Read more

By Commodity News Service Canada Winnipeg, September 26 – The Canadian dollar opened flat against its US counterpart on Thursday, amid slow trading as investors await a decision from the US government regarding the country’s fiscal situation, industry watchers. Gains seen in commodities, including copper and crude oil, gave the loonie some support. However, gains […] Read more

By Commodity News Service Canada WINNIPEG, September 25 – The Canadian dollar was weaker against its US counterpart on Wednesday, as traders were less willing to take on risk due to nervousness surrounding the US budget debate, analysts said. The Canadian currency was quoted at US$0.9696 or US$1=C$1.0313 at the close on Wednesday, which compares […] Read more

By Commodity News Service Canada Winnipeg, September 25 – The Canadian dollar was flat against its US counterpart at midday Wednesday, reversing early session losses as it struggles to find direction without the release of major Canadian economic data, industry watchers said. Gains seen in commodities, including copper, crude oil and gold, were bullish for […] Read more

By Commodity News Service Canada Winnipeg, September 25 – The Canadian dollar opened lower against its US counterpart on Wednesday, undermined by better-than-expected US economic data, industry watchers said. According to the US Department of Commerce, orders for durable goods were up 0.1% in August, which was above economists’ expectations of a 0.6% decline. Gains […] Read more

By Commodity News Service Canada WINNIPEG, September 24 – The Canadian dollar eased against its US counterpart on Tuesday, undermined by weakness in commodity prices, including crude oil, gold and copper, analysts said. The Canadian currency was quoted at US$0.9707 or US$1=C$1.0302 at the close on Tuesday, which compares with Monday’s North American close of […] Read more

By Commodity News Service Canada Winnipeg, September 24 – The Canadian dollar was weaker against its US counterpart at midday Tuesday, undermined by losses seen in commodities, including gold, copper and crude oil, industry watchers said. However, losses were limited by strong Canadian economic data, analysts said. According to Statistics Canada, retail sales were up […] Read more