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By Commodity News Service Canada WINNIPEG, August 2 – The Canadian dollar weakened against its US counterpart on Friday, with the liquidation of positions ahead of the long weekend weighing on its value, analysts said. Canadian markets will be closed on Monday, August 5, for a Civic holiday. The Canadian currency was quoted at US$0.9625, […] Read more

By Commodity News Service Canada Winnipeg, August 2 – The Canadian dollar was weaker against its US counterpart at midday Friday, undermined by speculation that the weak US jobs report released today won’t delay the US Federal Reserve’s plan of slowing monetary stimulus, market watchers said. According to the US Department of Labour, the US […] Read more

By Commodity News Service Canada Winnipeg, August 2 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by positive US jobs data, market watchers said. According to the US Department of Labour, the US economy created 162,000 jobs in July, which was slightly below what economists had predicted. However, the jobless […] Read more

By Commodity News Service Canada WINNIPEG, August 1 – The Canadian dollar fell sharply against its US counterpart on Thursday, due to expectations that the US government will show the unemployment rate in the country dropped in July in its report tomorrow. Analysts noted that if the US unemployment rate drops, the US Federal Reserve […] Read more

By Commodity News Service Canada Winnipeg, August 1 – The Canadian dollar was significantly weaker against its US counterpart at midday Thursday, undermined by an expected drop in the US jobless rate which is set to be released tomorrow, market watchers said. Analysts predict the US economy created approximately 185,000 jobs in July, with the […] Read more

By Commodity News Service Canada Winnipeg, August 1 – The Canadian dollar opened weaker against its US counterpart on Thursday, undermined by expectations of growth in tomorrow’s US jobs report, which could push the US Federal Reserve to slow monetary stimulus, market watchers said. According to economists, the report will show the US economy created […] Read more

By Commodity News Service Canada WINNIPEG, July 31 – The Canadian dollar strengthened against US counterpart on Wednesday, as this afternoon’s US Federal Reserve announcement was positive for the currency, analysts said. The US Federal Reserve said they’re worried about low inflation rates in the US, which may lead them waiting longer to start easing […] Read more

By Commodity News Service Canada Winnipeg, July 31 – The Canadian dollar strengthened against its US counterpart at midday Wednesday, underpinned by positive Canadian economic data, market watchers said. According to Statistics Canada, May’s gross domestic product grew by 0.2%, making it the fifth straight month of growth. Although the gain wasn’t a high as […] Read more

By Commodity News Service Canada Winnipeg, July 31 – The Canadian dollar opened lower against its US counterpart on Wednesday, undermined by underwhelming Canadian economic data, market watchers said. According to Statistics Canada, the gross domestic product for May grew 0.2%, which is lower than the 0.3% increase that economists had forecast. Further weakness came […] Read more

By Commodity News Service Canada Winnipeg, MB, July 30, 2013 (CNS Canada) – The Canadian dollar was weaker against its US counterpart at midday Tuesday, undermined by Canadian economic concerns after a major change was made to marketing fertilizer earlier this morning, market watchers said. Canadian fertilizer producer Potash Corp. is expecting to see potash […] Read more