Currency Markets

By Commodity News Service Canada Winnipeg, June 8 – The Canadian dollar was holding relatively steady against the US dollar at midday Monday, retreating from earlier gains. At 11:45 CDT Monday, the Canadian dollar was trading at US$0.8040 or US$1=C$1.2438, which compares with Friday’s North American close of US$0.8039 or US$1=C$1.2439. Some downward pressure came […] Read more

By Commodity News Service Canada WINNIPEG, June 8 – The Canadian dollar strengthened against its US counterpart Monday morning after reports that the pace of the Canadian housing sector increased in May. At 8:30 a.m. CDT the Canadian dollar was at US$0.8057 or C$1.2411 which compares with Friday’s North American close of US$0.8039, or C$1.2439. […] Read more

By Commodity News Service Canada WINNIPEG, June 5 – The Canadian dollar was stronger against the US dollar Friday, underpinned by positive Canadian employment data, analysts said. According to Statistics Canada, Canada’s economy created 59,000 new jobs in May, due to gains in private sector employment. Pre-report expectations called for jobs to increase by 10,000. […] Read more

By Commodity News Service Canada Winnipeg, June 5 – The Canadian dollar was firmer against the US dollar at midday Friday, finding support from positive Canadian employment data, analysts said. According to Statistics Canada, Canada’s economy created 59,000 new jobs in May, due to gains in private sector employment. Pre-report expectations called for jobs to […] Read more

By Commodity News Service Canada WINNIPEG, June 5 The Canadian dollar was weaker than its US counterpart Friday morning, though it hit a session high in the early hours of the day, and started falling by 8 a.m CDT in response to strong US labour force data. At 9:00 a.m. CDT the Canadian dollar was […] Read more

By Commodity News Service Canada WINNIPEG, June 4 – The Canadian dollar was weaker against the US dollar on Thursday, dropping below the key 80 cents US mark. The Canadian dollar closed at US$0.7997 or US$1=C$1.2504 on Thursday, which compares with Wednesday’s North American settlement of US$0.8030 or US$1=C$1.2453. Weakness in commodity prices, including crude […] Read more

By Commodity News Service Canada Winnipeg, June 4 – The Canadian dollar fell lower against its US counterpart at midday Thursday, as repeated sell-offs in bond markets left traders scrambling. The loonie was at US$0.8016 or US$1 = C$1.2475 at 11:50 CDT Thursday morning. German 10-year bonds hit their highs for the year over fears […] Read more

By Commodity News Service Canada WINNIPEG, June 4 The Canadian dollar was weaker against its U.S. counterpart on Thursday morning. Oil prices experienced little change the day before an OPEC meeting. At 8:30 CDT Thursday morning the Canadian dollar was at US$0.8011 or C$1.2483 compared to Wednesday’s North American close of US$0.8030, or C$1.2453. The […] Read more

By Commodity News Service Canada WINNIPEG, June 3 – The Canadian dollar was weaker against the US dollar on Wednesday, following the softer tone in crude oil prices, analysts said. The Canadian dollar closed at US$0.8030 or US$1=C$1.2453 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8059 or US$1=C$1.2408. Disappointing Canadian economic data […] Read more

By Commodity News Service Canada Winnipeg, June 3 – The Canadian dollar declined against its US counterpart at midday Wednesday, as losses in the oil patch and gold sector weighed down the loonie. The loonie was at US$0.8027 or US$1 = C$1.2383 at 11:50 CDT Wednesday morning. Higher European bonds put mild pressure on gold […] Read more