Currency Markets

By Commodity News Service Canada. Winnipeg, August 11 – The Canadian dollar was weaker against its US counterpart at midday Tuesday, after China unexpectedly devalued its currency two percentage points. The Canadian dollar was at US$0.7616 or US$1 = C$1.3130 at 11:45 CDT Tuesday morning. Commodity-based currencies around the world were affected by the Asian […] Read more

By Commodity News Service Canada WINNIPEG, August 11 – The Canadian dollar weakened against its US counterpart Tuesday morning as Statistics Canada and Canada Housing and Mortgage Corporation released data on housing starts and building construction. At 8:50 a.m. CDT the Canadian dollar was at US$0.7638 or C$1.3092 which compares with Monday’s North American close […] Read more

By Commodity News Service Canada. Winnipeg, August 10 – The Canadian dollar was stronger against its US counterpart at midday Monday, as gains in crude oil and the gold sector pushed most stocks higher. The Canadian dollar was at US$0.7683 or US$1 = C$1.3015 at 11:55 CDT Monday morning. The US dollar was trading near […] Read more

By Commodity News Service Canada WINNIPEG, MB, August 10, 2015 (CNS Canada) – The Canadian dollar weakened against its US counterpart Monday morning as Statistics Canada released a report on Canada’s crude oil and natural gas supply and disposition. At 8:45 a.m. CDT the Canadian dollar was at US$0.7608 or C$1.3144 which compares with Friday’s […] Read more

By Commodity News Service Canada WINNIPEG, August 7 – The Canadian dollar ended weaker against the US dollar on Friday, reacting to a strong US jobs report. The US economy added 215,000 new jobs in July, and wages rebounded. The positive data reinforced ideas that the US Federal Reserve will raise interest rates later this […] Read more

By Commodity News Service Canada Winnipeg, August 7 – The Canadian dollar was softer relative to the US dollar on Friday, reacting to positive employment data from the US, analysts said. The US government reported 215,000 new jobs were added to the US economy in July, and wages rebounded. The positive data reinforces ideas that […] Read more

By Commodity News Service Canada WINNIPEG, August 7 – The Canadian dollar weakened against its US counterpart Friday morning as Statistics Canada released a report on Canada’s employment rate. At 8:45 a.m. CDT the Canadian dollar was at US$0.7602 or C$1.3154 which compares with Thursday’s North American close of US$0.7629, or C$1.3108. Employment was little […] Read more

By Commodity News Service Canada WINNIPEG, August 6 – The Canadian dollar ended stronger relative to the US dollar on Thursday, as traders squared positions ahead of key jobs data from both Canada and the US on Friday, analysts said. The Canadian dollar closed at US$0.7629 or US$1=C$1.3108 on Thursday, which compares with Wednesday’s North […] Read more

By Commodity News Service Canada Winnipeg, August 6 – The Canadian dollar was firmer relative to the US dollar on Thursday, as recent losses were thought to be overdone, analysts said. At 11:41 CDT Thursday, the Canadian dollar was trading at US$0.7609 or US$1=C$1.3142, which compares with Wednesday’s North American close of US$0.7583 or US$1=C$1.3188. […] Read more

By Commodity News Service Canada WINNIPEG, August 6 – The Canadian dollar gained slightly against its US counterpart Thursday morning as Statistics Canada released data on active businesses and farm product prices. At 8:45 a.m. CDT the Canadian dollar was at US$0.7598 or C$1.3161 which compares with Wednesday’s North American close of US$0.7583, or C$1.3188. […] Read more