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By Commodity News Service Canada Winnipeg, August 9 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by weaker-than-expected Canadian jobs data, market watchers said. According to Statistics Canada, employment declined by 39,000 jobs in July, with the unemployment rate rising 0.1% to 7.2%. Economists had originally forecast the Canadian economy […] Read more

By Commodity News Service Canada WINNIPEG, August 8 – The Canadian dollar moved sharply higher against its US counterpart on Thursday, as traders were more willing to take on risk amid positive Chinese and German economic data, analysts said. The Canadian currency was quoted at US$0.9686, or US$1=C$1.0324 at the close on Thursday, which compares […] Read more

By Commodity News Service Canada Winnipeg, August 8 – The Canadian dollar was significantly stronger against its US counterpart at midday Thursday, underpinned by favourable export data coming out of China, market watchers said. According to analysts, Chinese exports for July were better-than- expected, increasing 5.1% after a 3.1% drop in June. Gains in commodities, […] Read more

By Commodity News Service Canada Winnipeg, August 8 – The Canadian dollar opened stronger against its US counterpart on Thursday, underpinned by positive trade data from China, market watchers said. According to analysts, Chinese exports were up 5.1% in July after a 3.1% decline in June. The Canadian dollar found further support from US jobless […] Read more

By Commodity News Service Canada WINNIPEG, August 7 – The Canadian dollar fell sharply against its US counterpart on Wednesday, as weak Canadian economic data weighed on its value, traders said. Canadian contractors took out C$6.6 billion worth of building permits during the month of June, a 10.3% drop from May, Statistics Canada reported Wednesday. […] Read more

By Commodity News Service Canada Winnipeg, August 7 – The Canadian dollar was weaker against its US counterpart at midday Wednesday, undermined by disappointing Canadian building permit data, industry watchers said. According to Statistics Canada, the values of building permits in June were down 10.3% from May, making it the first decrease in six months. […] Read more

By Commodity News Service Canada Winnipeg, August 7 – The Canadian dollar opened significantly lower than its US counterpart on Wednesday, undermined by a decline in Canadian building permits for June, market watchers said. According to Statistics Canada, the values of building permits were down 10.3% from May, making it the first decrease in six […] Read more

By Commodity News Service Canada WINNIPEG, August 6 – The Canadian dollar firmed slightly against its US counterpart on Tuesday, lifted by better than expected Canadian trade data, analysts said. Statistics Canada reported the Canada’s trade deficit with the world narrowed unexpectedly in June to C$469 million, from C$781 in May. Growing exports were behind […] Read more

By Commodity News Service Canada Winnipeg, August 6 – The Canadian dollar was stronger against its US counterpart at midday Tuesday, supported by positive Canadian trade data released in the morning, market analysts said. According to Statistics Canada, the country’s trade deficit narrowed to C$469 million in June from C$781 million in May. Economists had […] Read more

By Commodity News Service Canada Winnipeg, August 6 – The Canadian dollar opened slightly higher against its US counterpart on Tuesday, underpinned by positive Canadian trade data, market watchers said. According to Statistics Canada, merchandise imports grew 0.6% and exports increased 1.4% in June, resulting in Canada’s trade deficit narrowing from C$781 million in May […] Read more