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By Commodity News Service Canada Winnipeg, MB, August 23, 2013 (CNS Canada) – The Canadian dollar was flat against its US counterpart at midday Friday, with some losses coming from weaker-than-expected Canadian consumer price index data, industry watchers said. According to Statistics Canada, core inflation on a year-over-year basis in July was 1.4%, which was […] Read more

By Commodity News Service Canada Winnipeg, MB, August 23 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by weaker-than- expected Canadian economic data, market watchers said. According to StatsCan, Canada’s core inflation on a year-over-year basis in July was 1.4%, which was significantly lower than the Bank of Canada’s forecast […] Read more

By Commodity News Service Canada WINNIPEG, August 22 – The Canadian dollar closed sharply lower compared to its US counterpart on Thursday for the second consecutive day. The Canadian currency was quoted at US$0.9509, or US$1=C$1.0516 at the close on Thursday, which compares with Wednesday’s North American close of US$0.9548, or US$=C$1.0473. Some of the […] Read more

By Commodity News Service Canada Winnipeg, August 22 – The Canadian dollar was lower against its US counterpart at midday Thursday, undermined by poor Canadian economic data, market watchers said. Retail sales were down 0.6% in June to C$40.1 billion, according to a Statistics Canada report. Economists were expecting a 0.4% decline in sales for […] Read more

By Commodity News Service Canada WINNIPEG, August 21 – The Canadian dollar closed sharply lower compared to its US counterpart on Tuesday, dropping more than a three-quarters of a cent following the release of minutes from a recent US Federal Open Market Committee meeting. According to traders, the minutes from the meeting didn’t give much […] Read more

By Commodity News Service Canada Winnipeg, August 21 – The Canadian dollar was down over half a cent against its US counterpart at midday Wednesday, as traders await the release of minutes from the US Federal Reserve’s latest policy meeting later this afternoon, market watchers said. Investors are hoping that the minutes will give them […] Read more

By Commodity News Service Canada Winnipeg, August 21 – The Canadian dollar opened significantly lower against its US counterpart on Wednesday, as traders position themselves ahead of the release of minutes from the US Federal Reserve’s latest policy meeting, market watchers said. According to analysts, investors are hoping the minutes will provide an indication of […] Read more

By Commodity News Service Canada WINNIPEG, August 20 – The Canadian dollar closed weaker compared to its US counterpart on Tuesday, undermined by expectations that the US Federal Reserve will start backing out of stimulus programs soon, analysts said. The Canadian currency was quoted at US$0.9626, or US$1=C$1.0389 at the close on Tuesday, which compares […] Read more

By Commodity News Service Canada Winnipeg, August 20 – The Canadian dollar was significantly weaker against its US counterpart at midday Tuesday, undermined by below- average Canadian economic data, industry watchers said. According to a Statistics Canada report, wholesale sales were down 2.8% to C$48.8 billion in June. Sales in all five subsectors declined. Further […] Read more

By Commodity News Service Canada Winnipeg, August 20 – The Canadian dollar opened lower against its US counterpart on Tuesday, undermined by poor Canadian economic data, market watchers said. According to Statistics Canada, wholesale sales in June were down 2.8% to C$48.8 billion. Adding to the Canadian dollar’s weakness are continued expectations that the US […] Read more