Canadian forex review: C$ little changed

By Commodity News Service Canada WINNIPEG, August 19 – The Canadian dollar closed little changed compared to its US counterpart on Monday amid a lack of fresh news, analysts said. The Canadian currency was quoted at US$0.9669, or US$1=C$1.0342 at the close on Monday, which compares with Friday’s North American close of US$0.9672, or US$=C$1.0339. […] Read more

Canadian Forex Midday: C$ flat

By Commodity News Service Canada Winnipeg, August 19 – The Canadian dollar was flat with its US counterpart at midday Monday, as a lack of US or Canadian economic news subdued trading, market watchers said. Traders are awaiting Wednesday’s release of the minutes from the Federal Open Market Committee, analysts said. It’s expected that the […] Read more


Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, August 19 – The Canadian dollar opened slightly stronger against its US counterpart on Monday, as light trading limited movement, market watchers said. According to analysts, traders are looking ahead to the release of minutes from the Federal Open Market Committee on Wednesday. The release will give an idea […] Read more

Canadian forex review: C$ weakens

By Commodity News Service Canada WINNIPEG, August 16 – The Canadian dollar weakened against its US counterpart on Friday, undermined by disappointing Canadian manufacturing data, analysts said. Statistics Canada reported that Canadian manufacturing sales decreased by 0.5% to C$48.2 billion in June, falling below expectations of a 0.3% increase. The Canadian currency was quoted at […] Read more


Canadian Forex Midday: C$ weaker

By Commodity News Service Canada Winnipeg, August 16 – The Canadian dollar was weaker against its US counterpart at midday Friday, undermined by disappointing Canadian economic data, industry watchers said. According to Statistics Canada, manufacturing sales declined 0.5% in June, which was much lower than the 0.3% increase economists had forecast. Adding to the Canadian […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, August 16 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by poor Canadian economic data, market watchers said. According to Statistics Canada, manufacturing sales declined 0.5% to C$48.2 billion in June, making it the fourth decrease in the last six months. Economists had forecast […] Read more


Canadian forex review: C$ strengthens

By Commodity News Service Canada WINNIPEG, August 15 – The Canadian dollar strengthened against its US counterpart on Thursday, finding spill over support from the rally seen in gold, analysts said. Other commodity prices, including crude oil and copper, were also stronger, which helped to further underpin the Canadian dollar. The Canadian currency was quoted […] Read more

Canadian Forex Midday: C$ weaker

By Commodity News Service Canada Winnipeg, August 15 – The Canadian dollar was weaker against its US counterpart at midday Thursday, undermined by strong US jobless claims data, market watchers said. According to the US Department of Labour, unemployment benefit claims were down 15,000 during the week ended August 10 to a seasonally adjusted 320,000. […] Read more


Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, August 15 – The Canadian dollar opened weaker against its US counterpart on Thursday, undermined by stronger-than-expected US jobless data, market watchers said. During the week ended August 10, claims for unemployment benefits decreased by 15,000 to a seasonally adjusted 320,000, according to the US Department of Labour. The […] Read more

Canadian forex review: C$ firms

By Commodity News Service Canada WINNIPEG, August 14 – The Canadian dollar firmed against its US counterpart on Wednesday, as positive global economic news caused traders to take on more risk, analysts said. Euro zone officials reported that gross domestic product grew 0.3% in the region during the second quarter of 2013, which was better […] Read more