Currency Markets

By Commodity News Service Canada WINNIPEG, June 12 – The Canadian dollar closed lower against the US dollar Friday, undermined by weakness in commodities, including crude oil. The Canadian dollar closed at US$0.8128 or US$1=C$1.2311 on Friday, which compares with Thursday’s North American settlement of US$0.8147 or US$1=C$1.2275. Worries about renewed problems in Greece, related […] Read more

By Commodity News Service Canada WINNIPEG, June 12 – The Canadian dollar was weaker than its US counterpart Friday morning. Statistics Canada released information on household debt, and the Bank of Canada said the housing market is overvalued. At 8:30 a.m. CDT the Canadian dollar was at US$0.81 or C$1.2345 which compares with Thursday’s North […] Read more

By Commodity News Service Canada WINNIPEG, June 11 – The Canadian dollar closed slightly weaker relative to the US dollar on Thursday, reacting to positive US Retail sales data, analysts said. Retail sales in the US were up 1.2 per cent, which reinforced ideas that the US Federal Reserve will raise interest rates later this […] Read more

By Commodity News Service Canada Winnipeg, June 11 – The Canadian dollar eased against the US dollar at midday Thursday, following losses in crude oil, analysts said. At 11:43 CDT Thursday, the Canadian dollar was trading at US$0.8115 or US$1=C$1.2322, which compares with Wednesday’s North American close of US$0.8155 or US$1=C$1.2262. Positive retail sales data […] Read more

Canadian dollar and business outlook By Commodity News Service Canada WINNIPEG, June 11 The Canadian dollar weakened against its US counterpart Thursday morning, and oil prices fell as World Bank said it did not expect a growth boost from developing countries as they had previously predicted. Statistics Canada released data on the country’s industries and […] Read more

By Commodity News Service Canada WINNIPEG, June 10 – The Canadian dollar closed sharply higher against the US dollar Wednesday, following gains in crude oil. The Canadian dollar closed at US$0.8155 or US$1=C$1.2262 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8100 or US$1=C$1.2346. Traders were also more interested in buying commodity-based currencies, […] Read more

By Commodity News Service Canada Winnipeg, June 10 – The Canadian dollar was up sharply against the US dollar at midday Wednesday, rallying along with crude oil values, analysts said. At 11:42 CDT Wednesday, the Canadian dollar was trading at US$0.8144 or US$1=C$1.2279, which compares with Tuesday’s North American close of US$0.8100 or US$1=C$1.2346. General […] Read more

By Commodity News Service Canada WINNIPEG, June 10 The Canadian dollar was stronger than its US counterpart Wednesday morning due to firming crude oil prices. At 8:30 a.m. CDT the Canadian dollar was at US$0.8191 or C$1.2208 which compares with Tuesday’s North American close of US$0.8100, or C$1.2345. Canada’s crude oil production is still growing, […] Read more

By Commodity News Service Canada WINNIPEG, June 9 – The Canadian dollar closed stronger against the US dollar Monday, following crude oil values as they rose in reaction to signs of improving demand and slowing production out of the US, analysts said. The Canadian dollar closed at US$0.8100 or US$1=C$1.2346 on Tuesday, which compares with […] Read more

By Commodity News Service Canada Winnipeg, June 9 – The Canadian dollar was up sharply against the US dollar at midday Tuesday, finding support from a strengthening crude oil market. Oil values moved higher in reaction to signs of improving demand and talk that shale production in the US may be falling, analysts said. At […] Read more