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By Commodity News Service Canada Winnipeg, July 30 – The Canadian dollar opened slightly lower against its US counterpart on Monday as traders position themselves ahead of Wednesday’s US Federal Reserve stimulus update, market watchers said. Also scheduled to be released tomorrow is Canada’s GDP data for May and the second-quarter GDP for the US. […] Read more

By Commodity News Service Canada WINNIPEG, July 29 – The Canadian dollar firmed against US counterpart on Monday, lifted by strong commodity prices, such as gold and copper, analysts said. The Canadian currency was quoted at US$0.9747, or US$1=C$1.0260 at the close on Monday, which compares with Friday’s North American close of US$0.9734, or US$=C$1.0273. […] Read more

By Commodity News Service Canada Winnipeg, July 29 – The Canadian dollar was stronger against its US counterpart at midday Monday, underpinned by gains seen in commodities, including gold, copper and crude oil, analysts said. Traders were also positioning themselves ahead of three major economic releases this week. Canada’s GDP data for May, second-quarter GDP […] Read more

By Commodity News Service Canada Winnipeg, July 29- The Canadian dollar opened flat on Monday as traders were positioning themselves ahead of important US economic growth data set to be released this week, analysts said. Second quarter US GDP data and an announcement on interest rates from the US Federal Reserve are scheduled for Wednesday. […] Read more

By Commodity News Service Canada WINNIPEG, July 26 – The Canadian dollar closed slightly lower against US counterpart on Friday amid positioning ahead of the weekend, analysts said. The Canadian currency was quoted at US$0.9734, or US$1=C$1.0273 at the close on Friday, which compares with Thursday’s North American close of US$0.9743, or US$=C$1.0265. Weakness in […] Read more

By Commodity News Service Canada Winnipeg, July 26 – The Canadian dollar was weaker against its US counterpart at midday Friday, undermined by losses in commodities, including crude oil, gold and copper. Traders are also positioning themselves ahead of next Wednesday’s Federal Reserve meeting. Economists expect the Fed to continue their bond-buying program. No major […] Read more

By Commodity News Service Canada Winnipeg, July 26 – The Canadian dollar opened lower against its US counterpart on Friday, as it looked for a direction to move in as no major Canadian or US economic data is set to be released today, market watchers said. Traders are positioning themselves ahead of the Federal Reserve’s […] Read more

By Commodity News Service Canada WINNIPEG, July 25 – The Canadian dollar strengthened about half a cent against its US counterpart on Thursday, lifted by speculation that the US Federal Reserve will announce that it will continue its monetary stimulus programs following next week’s meeting, analysts said. The Canadian currency was quoted at US$0.9723, or […] Read more

By Commodity News Service Canada Winnipeg, July 25 – The Canadian dollar was higher against its US counterpart at midday Thursday, supported by a US dollar that continued to weaken against other currencies, market watchers said. Adding to the Canadian dollar’s strength was a Statistics Canada report released in the morning that showed the average […] Read more

By Commodity News Service Canada Winnipeg, July 25 – The Canadian dollar opened stronger against its US counterpart on Thursday, underpinned by a US dollar that continues to weaken against other currencies, market watchers said. Many traders are positioning themselves ahead of Friday’s US non- farm payrolls data release and the US Federal Reserve’s policy […] Read more