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By Commodity News Service Canada Winnipeg, September 13 – The Canadian dollar opened lower against its US counterpart on Friday, undermined by concerns that the US Federal Reserve could slow it’s monetary stimulus next week during their policy meeting, industry watchers said. Adding to the Canadian dollar’s weakness was a Statistics Canada report that showed […] Read more

By Commodity News Service Canada WINNIPEG, September 12 – The Canadian dollar eased against its US counterpart on Thursday, as traders took profits following recent strength in the currency, analysts said. The Canadian currency was quoted at US$0.9685, or US$1=C$1.0325 at the close on Thursday, which compares with Wednesday’s North American close of US$0.9695, or […] Read more

By Commodity News Service Canada Winnipeg, September 12 – The Canadian dollar was weaker against its US counterpart at midday Thursday, undermined by strong US jobless claims data that could lead the US Federal Reserve to slowing its monetary stimulus at next week’s policy meeting, industry watchers said. According to the US Department of Labour, […] Read more

By Commodity News Service Canada Winnipeg, September 12 – The Canadian dollar opened lower against its US counterpart on Thursday, undermined by favourable US economic data, market watchers said. According to the US Department of Labour, unemployment claims fell by 31,000 during the week ended September 7 to a seasonally adjusted 292,000. The seasonally adjusted […] Read more

By Commodity News Service Canada WINNIPEG, September 11 – The Canadian dollar gained more than a quarter cent against its US counterpart on Wednesday, as risk sentiment improved after the US delayed the vote on whether or not to take military action against Syria. The Canadian currency was quoted at US$0.9695, or US$1=C$1.0315 at the […] Read more

By Commodity News Service Canada Winnipeg, September 11 – The Canadian dollar strengthened against its US counterpart at midday Wednesday, as a lack of fresh economic news has the loonie continuing its gains seen this week, industry watchers said. According to analysts, the Canadian’s dollars bullish tone also came from easing concerns of a possible […] Read more

By Commodity News Service Canada Winnipeg, September 11 – The Canadian dollar opened slightly higher against its US counterpart on Wednesday, underpinned by easing concerns about a possible US military strike against Syria, industry watchers said. President Barack Obama asked congress to postpone a vote for military action against Syria on Tuesday night, with hopes […] Read more

By Commodity News Service Canada WINNIPEG, September 10 – The Canadian dollar strengthened against its US counterpart on Tuesday, lifted by improved global risk sentiment, analysts said. Traders were more willing to take on risk because it’s becoming more unlikely that the US will take military action against the Syrian government. The Canadian currency was […] Read more

By Commodity News Service Canada Winnipeg, September 10 – The Canadian dollar strengthened against its US counterpart at midday Tuesday, underpinned by positive Chinese economic data, industry watchers said. According to reports, China’s industrial production was up 10.4% in August, which was higher than the 9.9% gain economists had forecast. Further gains came from news […] Read more

By Commodity News Service Canada Winnipeg, September 10 – The Canadian dollar opened stronger against its US counterpart on Tuesday, underpinned by easing concerns about US military action against Syria and favourable Chinese economic data, industry watchers said. The Syrian government announced that they would be handing over their weapons to international control, which could […] Read more