Archives

By Commodity News Service Canada Winnipeg, August 14 – The Canadian dollar was stronger against its US counterpart at midday Wednesday, supported by favourable Canadian economic data, market watchers said. According to the Teranet-National Bank Composite House Price Index, Canadian home prices were up 0.7% in July from a month earlier. Additional strength came from […] Read more

By Commodity News Service Canada Winnipeg, August 14 – The Canadian dollar opened stronger against its US counterpart on Wednesday, underpinned by weaker-than-expected US producer price data, market watchers said. According to the US Department of Labour, US wholesale prices were flat in July after increasing 0.8% in June. Further strength came from Canadian home […] Read more

By Commodity News Service Canada WINNIPEG, August 13 – The Canadian dollar eased against its US counterpart on Tuesday, undermined by positive US economic data, which may help the US Federal Reserve reduce stimulus programs sooner, analysts said. The Canadian currency was quoted at US$0.9706, or US$1=C$1.0303 at the close on Tuesday, which compares with […] Read more

By Commodity News Service Canada Winnipeg, August 13 – The Canadian dollar was weaker against its US counterpart at midday Tuesday, undermined by positive US retail sales data, market watchers said. According to analysts, US retail sales were up 0.2% in July, making it the fourth consecutive month with an increase. The advance added to […] Read more

By Commodity News Service Canada Winnipeg, August 13 – The Canadian dollar opened lower against its US counterpart on Tuesday, undermined by continued ideas that the US Federal Reserve will slow its monetary stimulus sooner rather than later, market watchers said. Adding to that increasing speculation was a report released Tuesday morning that showed US […] Read more

By Commodity News Service Canada WINNIPEG, August 12 – The Canadian dollar eased slightly against its US counterpart on Monday, amid a lack of fresh market moving news, analysts said. The Canadian currency was quoted at US$0.9706, or US$1=C$1.0303 at the close on Monday, which compares with Friday’s North American close of US$0.9714, or US$=C$1.0294. […] Read more

By Commodity News Service Canada Winnipeg, August 12 – The Canadian dollar was slightly lower against its US counterpart at midday Monday, amid a lack of economic news, market watchers said. Traders positioned themselves ahead of Tuesday’s release of US retail sales data for July. According to economists, it’s expected that retail sales rose 0.3% […] Read more

By Commodity News Service Canada Winnipeg, MB, August 12, 2013 (CNS Canada) – The Canadian dollar opened slightly weaker against its US counterpart on Monday as traders positioned themselves ahead of US retail sales data set to be released on Tuesday, market watchers said. According to economists, the report is expected to show US retail […] Read more

By Commodity News Service Canada WINNIPEG, August 9 – The Canadian dollar moved higher against its US counterpart on Friday, as risk sentiment improved amid signs that China’s economy is improving, analysts said. The National Bureau of Statistics in China reported industrial production rose 9.7 per cent in the year to June, which beat expectations […] Read more

By Commodity News Service Canada Winnipeg, August 9 – The Canadian dollar was stronger against its US counterpart at midday Friday, underpinned by gains in commodities, including crude oil, gold and copper, market watchers said. However, gains were limited by a Statistics Canada report released on Friday showing Canadian jobs declined during July. According to […] Read more