Currency Markets

By Commodity News Service Canada WINNIPEG, July 3 – The Canadian dollar weakened against its US counterpart Friday morning, as crude oil prices fell, and a report from China-a major importer of goods-showed slower activity. At 8:30 a.m. CDT the Canadian dollar was at US$0.7935, or C$1.2602 which compares with Thursday’s North American close of […] Read more

By Commodity News Service Canada WINNIPEG, July 2 – The Canadian dollar fell sharply against the US dollar Thursday, moving well below the 80 cents US mark. The Canadian dollar closed at US$0.7971 or US$1=C$1.2545 on Thursday, which compares with Tuesday’s North American settlement of US$0.8006 or US$1=C$1.2490. Canadian markets were closed Wednesday for Canada […] Read more

By Commodity News Service Canada Winnipeg, July 2 – The Canadian dollar plummeted against the US dollar Thursday, falling well below the 80 cents US mark. At 11:46 CDT Thursday, the Canadian dollar was trading at US$0.7969 or US$1=C$1.2549, which compares with Tuesday’s North American close of US$0.8006 or US$1=C$1.2490. Canadian markets were closed for […] Read more

By Commodity News Service Canada WINNIPEG, July 02 – The Canadian dollar strengthened slightly against its US counterpart Thursday morning, after dropping to a two-and-a-half month low earlier in the morning. The loonie was impacted by Greek’s economic crisis, and in light of a StatsCan report showing lower than expected economic gains. At 8:30 a.m. […] Read more

By Commodity News Service Canada WINNIPEG, June 30 – The Canadian dollar fell sharply against the US dollar Tuesday, testing the 80 cents US mark after disappointing Canadian gross domestic product data was released. Statistics Canada said gross domestic product fell by 0.1 per cent in April, missing expectations of a 0.1 per cent increase. […] Read more

By Commodity News Service Canada Winnipeg, June 30 – The Canadian dollar dropped sharply against the US dollar at midday Tuesday, reacting to disappointing Canadian gross domestic product (GDP) data, analysts said. Statistics Canada said gross domestic product fell by 0.1 per cent in April, missing expectations of a 0.1 per cent increase. At 11:47 […] Read more

By Commodity News Service Canada WINNIPEG, June 30- The Canadian dollar weakened against its US counterpart Tuesday morning, falling to lows not seen in three weeks, as information on Canada’s GDP decline was released. At 8:30 a.m. CDT the Canadian dollar was at US$0.8042 or C$1.2435 which compares with Monday’s North American close of US$0.8070, […] Read more

By Commodity News Service Canada WINNIPEG, June 29 – The Canadian dollar was weaker against the US dollar on Monday, as the world was shocked to hear Greece’s prime minister decided to close banks in the country. Banks will remain closed until July 6, to buy some time for Greek officials to decide whether or […] Read more

By Commodity News Service Canada Winnipeg, June 29 – The Canadian dollar was softer relative to the US dollar at midday Monday, reacting to disappointing economic news out of Greece, analysts said. Greece’s Prime Minister, Alexis Tsipras, surprised the world when he decided to close banks and markets until July 6 in order to buy […] Read more

By Commodity News Service Canada WINNIPEG, June 29 – The Canadian dollar weakened against its US counterpart Monday morning, as Greece shut its banks and markets for a week amid debt uncertainty. At 8:30 a.m. CDT the Canadian dollar was at US$0.8070 or C$1.2392 which compares with Friday’s North American close of US$0.8120, or C$1.2315. […] Read more