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By Commodity News Service Canada Winnipeg, September 24 – The Canadian dollar opened flat against its US counterpart on Tuesday, despite the release of positive Canadian economic data, industry watchers said. According to Statistics Canada, retail sales increased 0.6% to C$40.3 billion in July, pushed by higher sales at gasoline stations. July’s gain was in […] Read more

By Commodity News Service Canada WINNIPEG, September 23 – The Canadian dollar firmed against its US counterpart on Monday, underpinned by expectations that Tuesday’s Canadian retail sales data will be positive. Traders generally expect that Statistics Canada will report that July retail sales increased by 0.6%, following a decline of 0.6% seen in June, according […] Read more

By Commodity News Service Canada Winnipeg, September 23 – The Canadian dollar was stronger against its US counterpart at midday Monday, as a lack of fresh economic news has the loonie still seeing strength from the US Federal Reserve’s decision not to slow its monetary stimulus last week, industry watchers said. Traders are awaiting Tuesday’s […] Read more

By Commodity News Service Canada Winnipeg, September 23 – The Canadian dollar opened stronger against its US counterpart on Monday, as some strength continued to come from the US Federal Reserve’s announcement last Wednesday saying that they wouldn’t slow monetary stimulus yet, industry watchers said. Traders are also looking ahead to the release of important […] Read more

By Commodity News Service Canada Winnipeg, September 20 – The Canadian dollar closed weaker against its US counterpart on Friday, undermined by weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, national annual inflation slowed to 1.1% in August, following a 1.3% increase in July, analysts said. Losses seen in commodities, including gold, […] Read more

By Commodity News Service Canada Winnipeg, September 20 – The Canadian dollar was weaker against its US counterpart at midday Friday, undermined by unfavourable Canadian economic data, market watchers said. Statistics Canada reported that the consumer price index was up only 1.1% on a year-over-year basis in August, following a 1.3% gain in July. Losses […] Read more

By Commodity News Service Canada Winnipeg, September 20 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, the consumer price index rose 1.1% on a year-over-year basis in August, down from the 1.3% increase in July and below economists’ […] Read more

By Commodity News Service Canada Winnipeg, September 19 – The Canadian dollar closed weaker against its US counterpart on Thursday, undermined by profit taking after the loonie posted big gains on Wednesday, following the US Federal Reserve’s announcement saying they would not slow monetary stimulus yet, industry watchers said. A Statistics Canada report halted any […] Read more

By Commodity News Service Canada Winnipeg, September 19 – The Canadian dollar weakened against its US counterpart at midday Thursday, undermined by profit taking after the loonie made significant gains Wednesday, following the US Federal Reserve’s decision not to slow its monetary stimulus, industry watchers said. However, losses were limited by strong Canadian economic data, […] Read more

By Commodity News Service Canada Winnipeg, September 19 – The Canadian dollar opened flat against its US counterpart on Thursday, with some support coming from Wednesday afternoon’s announcement from the US Federal Reserve saying they would not slow monetary stimulus yet, industry watchers said. Further strength came from a Statistics Canada report that said wholesale […] Read more