Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 18 – The Canadian dollar strengthened against its US counterpart Thursday morning, as the the Fed said Wednesday that interest rates increases could start later than anticipated, as the US economy is not ready yet. At 8:30 a.m. CDT the Canadian dollar was at US$0.8234 or C$1.2145 which […] Read more




Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 17 – The Canadian dollar was flat against its US counterpart Wednesday morning after Statistics Canada said wholesale sales were up in April, while markets await an interest-rate decision and statement from the U.S. Federal Reserve. At 8:30 a.m. CDT the Canadian dollar was at US$0.8119 or C$1.2312 […] Read more


Canadian forex review: C$ fractionally firmer

By Commodity News Service Canada WINNIPEG, June 16 – The Canadian dollar ended fractionally firmer against the US dollar after a volatile trading day on Tuesday. The Canadian dollar closed at US$0.8122 or US$1=C$1.2312 on Tuesday, which compares with Monday’s North American settlement of US$0.8119 or US$1=C$1.2317. A firmer tone in crude oil values helped […] Read more



Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 16 – The Canadian dollar fell slightly against its US counterpart Tuesday morning due to weak factory sales, despite a positive report from Statistics Canada on the country’s foreign investments and a boost in employment rates. At 8:30 a.m. CDT the Canadian dollar was at US$0.8116 or C$1.2321 […] Read more

Canadian forex review: C$ softens as crude oil falls

By Commodity News Service Canada WINNIPEG, June 15 – The Canadian dollar softened relative to the US dollar on Monday, as crude oil prices moved lower, analysts said. The Canadian dollar closed at US$0.8119 or US$1=C$1.2317 on Monday, which compares with Friday’s North American settlement of US$0.8128 or US$1=C$1.2311. Disappointing Canadian manufacturing data was also […] Read more