Currency Markets

By Commodity News Service Canada Winnipeg, May 13 – The Canadian dollar was stronger against its US counterpart at midday Wednesday, due to higher crude-oil prices and a broadly weaker US dollar. The loonie was at US$0.8370 or US$1 = C$1.1947 at 11:40 CDT Wednesday morning. The loonie is lagging the Australian currency though, said […] Read more

By Commodity News Service Canada WINNIPEG, May 13 The Canadian dollar was moving higher against the US dollar Wednesday morning, following the gains seen in crude oil values, analysts said. At 8:49 CDT Wednesday, the Canadian dollar was at US$0.8355 or US$=C$1.1969, which compares with Tuesday’s North American close of US$0.8321 or US$1=C$1.2018. Disappointing US […] Read more

By Commodity News Service Canada WINNIPEG, May 12 – The Canadian dollar was stronger against the US dollar Tuesday, finding support from strength in crude oil values. Crude oil was up more than 2 per cent, climbing above $60 per barrel. The Canadian dollar closed at US$0.8321 or US$1=C$1.2018 on Tuesday, which compares with Monday’s […] Read more

By Commodity News Service Canada Winnipeg, May 12 – The Canadian dollar was stronger against its US counterpart at midday Tuesday, as higher oil prices kept the loonie buoyed against its American counterpart. The loonie was at US$0.8343 or US$1 = C$1.1986 at 11:50 CDT Tuesday morning. Gold prices were also up which underpinned the […] Read more

By Commodity News Service Canada WINNIPEG, May 12 The Canadian dollar was stronger relative to the US dollar Tuesday morning, finding support from the gains seen in crude oil, analysts said. At 8:58 CDT Tuesday, the Canadian dollar was at US$0.8309 or US$=C$1.2035, which compares with Monday’s North American close of US$0.8258 or US$1=C$1.2110. Some […] Read more

By Commodity News Service Canada WINNIPEG, May 11 – The Canadian dollar ended slightly weaker relative to the US dollar after a day of choppy activity Monday. The Canadian dollar closed at US$0.8258 or US$1=C$1.2110 on Monday, which compares with Friday’s North American settlement of US$0.8271 or US$1=C$1.2090. Softness in crude oil values helped to […] Read more

By Commodity News Service Canada Winnipeg, May 8 – The Canadian dollar was weaker against its US counterpart at midday Monday, as new data showed the US dollar was gaining against other major currencies. The loonie was at US$0.8264 or US$1 = C$1.2101 at 11:40 CDT Monday morning. Scotiabank says the American greenback is strong […] Read more

By Commodity News Service Canada WINNIPEG, May 11 The Canadian dollar was up slightly against the US dollar Monday morning, lifted by sentiment that the Canadian currency is oversold, analysts said. At 8:53 CDT Monday, the Canadian dollar was at US$0.8282 or US$=C$1.2074, which compares with Friday’s North American close of US$0.8271 or US$1=C$1.2090. Easing […] Read more

By Commodity News Service Canada WINNIPEG, May 8 – The Canadian dollar ended firmer relative to the US dollar Friday, finding some support from stronger oil prices, analysts said. The Canadian dollar closed at US$0.8271 or US$1=C$1.2090 on Friday, which compares with Thursday’s North American settlement of US$0.8251 or US$1=C$1.2120. Disappointing US employment data was […] Read more

By Commodity News Service Canada Winnipeg, May 8 – The Canadian dollar was firmer against its US counterpart at midday Friday, as new data showed a rebound in the job market. The loonie was at US$0.8272 or US$1 = C$1.2089 at 11:50 CDT Friday morning. In the U.S., 223,000 new positions were added, while the […] Read more