Currency Markets

By Commodity News Service Canada Winnipeg, April 2 – The Canadian dollar was higher against its American counterpart at midday Thursday, as oil prices steadied. The loonie was at US$0.7952 or US$1 = C$1.2575 at 11:40 CDT Thursday morning. A new report shows that Canada’s trade deficit dropped from C$1.48 billion in January to C$984 […] Read more

By Commodity News Service Canada Winnipeg, April 2 – The Canadian dollar was slightly higher against its American counterpart Thursday morning, on the heels of an announcement by the Canadian government that it would release the federal budget on April 21. At 8:50 CDT Thursday morning, the loonie was up 0.0019 of a cent to […] Read more

By Commodity News Service Canada WINNIPEG, April 1 – The Canadian dollar was firmer relative to the US dollar on Wednesday, finding some spillover support from the gains seen in crude oil values, analysts said. The Canadian dollar closed at US$0.7920 or US$1=C$1.2626 on Wednesday, which compares with Tuesday’s North American settlement of US$0.7895 or […] Read more

By Commodity News Service Canada Winnipeg, April 1 – The Canadian dollar was higher against its American counterpart at midday Wednesday, as a weak jobs report in the US was met with rising oil prices. The loonie was at US$0.7947 or US$1 = C$1.2685 at 11:45 CDT Wednesday morning. US stock builds turned out smaller […] Read more

By Commodity News Service Canada Winnipeg, April 1 – The Canadian dollar firmed against its American counterpart Wednesday morning, as US index futures narrowed on expectations of an Iranian nuclear deal. At 8:55 CDT Wednesday morning, the loonie was up 0.0001 of a cent to US$0.7898 or US$1 = C$1.2661. Brent crude oil futures rallied […] Read more

By Commodity News Service Canada WINNIPEG, March 31 – The Canadian dollar was up against the US dollar Tuesday, seeing an upward correction following Monday’s sharp decline, analysts said. The Canadian dollar closed at US$0.7895 or US$1=C$1.2666 on Tuesday, which compares with Monday’s North American settlement of US$0.7878 or US$1=C$1.2693. Slightly better than expected Canadian […] Read more

By Commodity News Service Canada Winnipeg, March 31 – The Canadian dollar was lower against its American counterpart at midday Tuesday, as talks between Iran and western nations about the Middle Eastern nation’s nuclear program intensified. The loonie was at US$0.7883 or US$1 = C$1.2685 at 11:35 CDT Tuesday morning. Brent crude oil neared US$55 […] Read more

By Commodity News Service Canada WINNIPEG, March 31 The Canadian dollar moved lower against the US dollar Tuesday morning, as the crude oil market continued to fall, analysts said. At 8:43 CDT Tuesday, the Canadian dollar was at US$0.7860 or US$=C$1.2723, which compares with Monday’s North American close of US$0.7878 or US$1=C$1.2693. Ongoing worries about […] Read more

By Commodity News Service Canada WINNIPEG, March 30 – The Canadian dollar was down sharply against the US dollar on Monday, following the weakness seen in crude oil values, analysts said. Oil is one of Canada’s biggest export commodities, so weakness in prices is unfavourable for the country’s economy, brokers added. The Canadian dollar closed […] Read more

By Commodity News Service Canada Winnipeg, March 30 – The Canadian dollar was lower against its American counterpart at midday Monday, as the possibility of a deal between Iran and Western nations began to emerge. The loonie was at US$0.7878 or US$1 = C$1.2693 at 11:35 CDT Monday morning. Oil prices fell as speculation swirled […] Read more