Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 26 – The Canadian dollar weakened against its US counterpart Friday morning as crude oil prices fell. At 8:30 a.m. CDT the Canadian dollar was at US$0.8078 or C$1.2379 which compares with Thursday’s North American close of US$0.8115, or C$1.2323. The US Energy Information Administration reported gasoline inventories […] Read more

Canadian forex review: C$ strengthens

By Commodity News Service Canada WINNIPEG, June 25 – The Canadian dollar strengthened against the US dollar on Thursday, lifted by short covering following recent losses, analysts said. The Canadian dollar closed at US$0.8115 or US$1=C$1.2323 on Thursday, which compares with Wednesday’s North American settlement of US$0.8065 or US$1=C$1.2400. The Canadian dollar was also moving […] Read more


Canadian Forex Midday: C$ Firms

By Commodity News Service Canada Winnipeg, June 25 – The Canadian dollar was higher against its US counterpart at midday Thursday, as new numbers show that average weekly earnings for Canadian payroll employees, not working on the farm, increased 2.5% in April compared to the previous year. The loonie was at US$0.8098 or US$1 = […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 25 – The Canadian dollar strengthened against its US counterpart Thursday morning as crude oil prices steadied. At 8:45 a.m. CDT the Canadian dollar was at US$0.8099 or C$1.2347 which compares with Wednesday’s North American close of US$0.8065, or C$1.2400. Crude oil prices steadied on Thursday as an […] Read more


Canadian forex review: C$ drops with crude oil

By Commodity News Service Canada WINNIPEG, June 24 – The Canadian dollar dropped against the US dollar along with the weaker crude oil market on Wednesday, analysts said. Oil values were softer, reacting to a report that said inventories of refined products rose last week in the US. The Canadian dollar closed at US$0.8065 or […] Read more

Canadian Forex Midday: C$ Lower

By Commodity News Service Canada Winnipeg, June 24 – The Canadian dollar was lower against its US counterpart at midday Wednesday, as continued uncertainty over whether or not Greece will secure a new deal with its creditors, kept investors worried. The loonie was at US$0.8113 or US$1 = C$1.2232 at 11:50 CDT Wednesday morning. The […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 24 – The Canadian dollar weakened against its US counterpart Wednesday morning as crude oil prices dropped. The US government is expected to release a report on the country’s gas inventories Thursday. At 8:45 a.m. CDT the Canadian dollar was at US$0.8089 or C$1.2362 which compares with Tuesday’s […] Read more

Canadian forex review: C$ eases slightly

By Commodity News Service Canada WINNIPEG, June 23 – The Canadian dollar was down slightly against the US dollar Tuesday, reacting to movements in the euro and US dollar as the market lacked any fresh domestic economic news, analysts said. The Canadian dollar closed at US$0.8108 or US$1=C$1.2333 on Tuesday, which compares with Monday’s North […] Read more


Canadian Forex Midday: C$ Slightly Lower

By Commodity News Service Canada Winnipeg, June 23 – The Canadian dollar was slightly lower against its US counterpart at midday Tuesday, overwhelmed by a wave of broad strength coming from the American greenback. The loonie was at US$0.8113 or US$1 = C$1.2232 at 11:35 CDT Tuesday morning. A report indicated investors in the US […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 23 – The Canadian dollar weakened against its US counterpart Tuesday morning, as oil prices fell slightly, and concerns over Greece’s debt crisis supported the greenback. At 8:30 a.m. CDT the Canadian dollar was at US$0.8082 or C$1.2373 which compares with Monday’s North American close of US$0.8113, or […] Read more