Currency Markets

By Commodity News Service Canada WINNIPEG, April 8 – The Canadian dollar ended weaker against the US dollar on Wednesday, after moving sharply higher earlier in the day. The Canadian currency’s decline was linked to a sharp drop in crude oil values, which were down more than 5.5 per cent on Wednesday, analysts said. The […] Read more

By Commodity News Service Canada Winnipeg, April 8 – The Canadian dollar was slightly lower against its American counterpart at midday Wednesday, weighed down by losses in crude oil and gold. The loonie was at US$0.7990 or US$1 = C$1.2516 at 11:45 CDT Wednesday morning. Canadian Prime Minister Stephen Harper slammed the door on any […] Read more

By Commodity News Service Canada WINNIPEG, April 8 The Canadian dollar was up sharply against its US counterpart Wednesday morning, reacting to positive merger and acquisition news out of Asia and Europe overnight, analysts said. At 8:48 CDT Wednesday, the Canadian dollar was at US$0.8050 or US$=C$1.2422, which compares with Tuesday’s North American close of […] Read more

By Commodity News Service Canada WINNIPEG, April 7 – The Canadian dollar was weaker on Tuesday, as relative strength in the US dollar index weighed on the currency, analysts said. Traders were shedding riskier assets in favour of the US dollar as some of them believe the US economy is still showing signs of growth. […] Read more

By Commodity News Service Canada Winnipeg, April 7 – The Canadian dollar was slightly lower against its American counterpart at midday Tuesday, as concerns grew about a potential over-supply of US oil. The loonie was at US$0.8006 or US$1 = C$1.2490 at 11:45 CDT Tuesday morning. Brent crude oil dropped below US$58 a barrel as […] Read more

By Commodity News Service Canada WINNIPEG, April 7 The Canadian dollar eased relative to the US dollar Tuesday morning, undermined by weakness in crude oil values, analysts said. At 8:58 CDT Tuesday, the Canadian dollar was at US$0.8000 or US$=C$1.2500, which compares with Monday’s North American close of US$0.8014 or US$1=C$1.2478. General strength in the […] Read more

By Commodity News Service Canada WINNIPEG, April 6 – The Canadian dollar was firmer relative to the US dollar on Monday, reacting to disappointing US employment data, which was release on Good Friday, April 3. The US government said 126,000 new jobs were created in March, the lowest amount seen in the past 12 months. […] Read more

By Commodity News Service Canada Winnipeg, April 6 – The Canadian dollar was slightly higher against its American counterpart at midday Monday, pushed upward by strengthening oil prices. The loonie was at US$0.8032 or US$1 = C$1.2450 at 11:35 CDT Monday morning. Saudi Arabia’s decision to raise crude prices for Asia signaled improving demand in […] Read more

By Commodity News Service Canada WINNIPEG, April 6 – The Canadian dollar moved higher relative to the US dollar on Monday, with strength in crude oil providing some support, analysts said. At 8:46 CST Monday, the Canadian dollar was at US$0.8020 or US$=C$1.2469, which compares with Thursday’s North American close of US$0.7959 or US$1=C$1.2564. Markets […] Read more

By Commodity News Service Canada WINNIPEG, April 2 – The Canadian dollar was stronger relative to the US dollar on Thursday, as traders squared positions ahead of the long weekend, with both markets closed for Good Friday on April 3. The Canadian dollar closed at US$0.7959 or US$1=C$1.2564 on Thursday, which compares with Wednesday’s North […] Read more