Currency Markets

By Commodity News Service Canada Winnipeg, April 30 – The Canadian dollar was lower against its American counterpart Thursday morning, amid weak economic news and lower gold prices. At 8:50 CDT Thursday morning, the loonie was down 0.0037 of a cent to US$0.8286 or US$1 = C$1.2069. New numbers show Canada’s GDP was unchanged in […] Read more

By Commodity News Service Canada WINNIPEG, April 29 – The Canadian dollar ended slightly higher, finding support from disappointing US economic data released early in the day, analysts said. The US Commerce Department said the country’s gross domestic product was up 0.2 per cent on a seasonally adjusted basis during the first quarter of 2015, […] Read more

By Commodity News Service Canada Winnipeg, April 29 – The Canadian dollar was stronger against the US dollar at midday Wednesday, reacting to disappointing US economic data, analysts said. The US Commerce Department said the country’s gross domestic product was up 0.2 per cent on a seasonally adjusted basis during the first quarter of 2015, […] Read more

By Commodity News Service Canada Winnipeg, April 29 – The Canadian dollar was higher against its American counterpart Wednesday morning, after discouraging US economic data pressured the US dollar. At 8:53 CDT Wednesday morning, the loonie was up 0.0029 of a cent to US$0.8344 or US$1 = C$1.1985. The US Commerce Department said GDP expanded […] Read more

By Commodity News Service Canada WINNIPEG, April 28 – The Canadian dollar ended higher against its US counterpart Tuesday, supported by positive comments from Bank of Canada Governor Stephen Poloz, analysts said. Poloz noted another interest rate cut won’t be necessary, as the Canadian economy is already starting to show signs of improvement after being […] Read more

By Commodity News Service Canada Winnipeg, April 28 – The Canadian dollar was up sharply against the US dollar at midday Tuesday, breaking above the 83 cents US mark. Some of the strength was linked to positive remarks from Bank of Canada Governor Stephen Poloz Tuesday morning, as he said additional interest rate cuts won’t […] Read more

By Commodity News Service Canada Winnipeg, April 28 – The Canadian dollar was higher against its American counterpart Tuesday morning, buoyed by encouraging words from Bank of Canada governor Stephen Poloz. At 8:58 CDT Tuesday morning, the loonie was up 0.0019 of a cent to US$0.8290 or US$1 = C$1.2063. Poloz told a crowd he […] Read more

By Commodity News Service Canada WINNIPEG, April 27 – The Canadian dollar ended higher against its US counterpart Monday, with much of the buying technical in nature, according to analysts. The Canadian dollar closed at US$0.8264 or US$1=C$1.2101 on Monday, which compares with Friday’s North American settlement of US$0.8217 or US$1=C$1.2170. Further spillover support for […] Read more

By Commodity News Service Canada Winnipeg, April 27 – The Canadian dollar was up sharply against the US dollar at midday Monday, lifted by technical buying, analysts said. At 11:46 CDT Monday, the Canadian dollar was trading at US$0.8273 or US$1=C$1.2088, which compares with Friday’s North American close of US$0.8217 or US$1=C$1.2170. A firmer tone […] Read more

By Commodity News Service Canada Winnipeg, April 27 – The Canadian dollar was higher against its American counterpart Monday morning, as a round of disappointing US trade data continued to weigh down the US dollar. At 8:50 CDT Monday morning, the loonie was up 0.0043 of a cent to US$0.8249 or US$1 = C$1.2122. New […] Read more