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By Commodity News Service Canada WINNIPEG, August 28 – The Canadian dollar eased against its US counterpart on Wednesday, as traders were avoiding risk assets due speculation that the US army will take action against Syria following a chemical attack in the country, analysts said. The Canadian currency was quoted at US$0.9537, or US$1=C$1.0485 at […] Read more

By Commodity News Service Canada Winnipeg, August 28 – The Canadian dollar was lower against its US counterpart at midday Wednesday, as unfavourable global risk sentiment due to tension in Syria offset gains seen in crude oil, market watchers said. Adding to the loonie’s weakness was a Statistics Canada report that showed the weekly earnings […] Read more

By Commodity News Service Canada Winnipeg, August 28 – The Canadian dollar opened weaker against its US counterpart on Wednesday, undermined by poor global risk sentiment due to the continued tension in Syria, industry watchers said. Adding to the bearish tone was a Statistics Canada report that showed the weekly earnings of non-farm payroll employees […] Read more

By Commodity News Service Canada WINNIPEG, August 27 – The Canadian dollar was stronger compared to its US counterpart on Tuesday, as the strong advances seen in crude oil and gold spilled over to support the currency, analysts said. Crude oil, which is one of Canada’s biggest exports, rose to its highest value since July, […] Read more

By Commodity News Service Canada Winnipeg, August 27 – The Canadian dollar was flat against its US counterpart at midday Tuesday, due to slowed trading because of a lack of fresh Canadian and US economic news, market watchers said. The loonie was down earlier in the morning, undermined by poor global risk sentiment due to […] Read more

By Commodity News Service Canada Winnipeg, August 27 – The Canadian dollar opened weaker against its US counterpart on Tuesday, undermined by poor global risk sentiment due to continued tension in Syria, market watchers said. However, gains seen in commodities, including crude oil, copper and gold, limited the loonie’s losses. At 8:38 CDT Tuesday, the […] Read more

By Commodity News Service Canada WINNIPEG, August 26 – The Canadian dollar was nearly unchanged compared to its US counterpart on Monday amid light activity and a lack of significant fresh news, analysts said. The Canadian currency was quoted at US$0.9521, or US$1=C$1.0503 at the close on Monday, which compares with Friday’s North American close […] Read more

By Commodity News Service Canada Winnipeg, August 26 – The Canadian dollar was lower against its US counterpart at midday Monday, but losses were limited after poor US economic data raised doubts to whether the US Federal Reserve would slow its monetary stimulus in the near-future, market watchers said. According to the US Department of […] Read more

By Commodity News Service Canada Winnipeg, August 26 – The Canadian dollar opened weaker against its US counterpart on Monday morning, before gaining back some ground after the release of weaker-than-expected US economic data, market watchers said. According to the US Department of Commerce, durable goods orders declined 7.3% in July after a 3.9% gain […] Read more

By Commodity News Service Canada WINNIPEG, August 23 – The Canadian dollar firmed against its US counterpart on Friday, after falling to fresh lows below the 95 cents US market earlier in the day. Early weakness was attributed to the release disappointing Canadian inflation data Friday morning. Statistics Canada reported that the Canadian Consumer Price […] Read more