Currency Markets

By Commodity News Service Canada WINNIPEG, July 14 – The Canadian dollar ended unchanged relative to the US dollar on Tuesday, as traders were being cautious ahead of Wednesday’s Bank of Canada interest rate announcement, analysts said. Some traders believe the Bank of Canada could make another interest rate cut on Wednesday, as recent data […] Read more

By Commodity News Service Canada. Winnipeg, July 14 – The Canadian dollar was little changed against its US counterpart at midday Tuesday, essentially treading water in the wake of meager U.S. economic data. The Canadian dollar was at US$0.7848 or US$1 = C$1.2742 at 11:30 CDT Tuesday morning. The oil market appeared relatively indifferent to […] Read more

By Commodity News Service Canada WINNIPEG, July 14 – The Canadian dollar gained some ground against its US counterpart Tuesday morning, ahead of a Bank of Canada announcement, and as Statistics Canada released a report on refined petroleum products. At 8:50 a.m. CDT the Canadian dollar was at US$0.7850 or C$1.2739, which compares with Monday’s […] Read more

By Commodity News Service Canada WINNIPEG, July 13 – The Canadian dollar ended softer relative to the US dollar on Monday, reacting to falling crude oil values, analysts said. The Canadian dollar closed at US$0.7849 or US$1=C$1.2740 on Friday, which compares with Thursday’s North American settlement of US$0.7887 or US$1=C$1.2679. Traders were also shying away […] Read more

By Commodity News Service Canada. Winnipeg, July 13 – The Canadian dollar was weaker against its US counterpart at midday Monday, as confusion over the implications of the deal between Greece and its creditors prompted investors to seek the safety of the US dollar. The Canadian dollar was at US$0.7847 or US$1 = C$1.2743 at […] Read more

By Commodity News Service Canada WINNIPEG, July 13 – The Canadian dollar weakened against its US counterpart Monday morning as Statistics Canada released a report on lending service prices, and after Greece and Eurozone leaders came to a tentative agreement. At 9:00 a.m. CDT the Canadian dollar was at US$0.7831 or C$1.2769 which compares with […] Read more

By Commodity News Service Canada WINNIPEG, July 10 – The Canadian dollar ended higher against the US dollar on Friday, after a day of choppy activity, analysts said. The Canadian dollar closed at US$0.7887 or US$1=C$1.2679 on Friday, which compares with Thursday’s North American settlement of US$0.7870 or US$1=C$1.2707. Sentiment that recent losses in the […] Read more

By Commodity News Service Canada. Winnipeg, July 10 – The Canadian dollar was weaker against its US counterpart at midday Friday, on the heels of a report stating Canada lost 6,400 jobs in the month of June. The Canadian dollar was at US$0.7862 or US$1 = C$1.2717 at 11:50 CDT Friday morning. TD securities called […] Read more

By Commodity News Service Canada WINNIPEG, July 10 – The Canadian dollar weakened against its US counterpart Friday morning following early gains after data on Canada’s employment rate came back better than analyst expectations, but lost ground as energy prices fell. At 8:55 a.m. CDT the Canadian dollar was at US$0.7847 or C$1.2744 which compares […] Read more

By Commodity News Service Canada Winnipeg, July 9 – The Canadian dollar ended higher against its US counterpart, as rebounding oil prices and rumours of lower interest rates buoyed the loonie. At 4:00 CDT Thursday, the loonie was at US$0.7875 or US$1 = C$1.2698. Crude oil values surged as talks between Iran and the US […] Read more