Currency Markets

By Commodity News Service Canada Winnipeg, – The Canadian dollar dropped against its American counterpart at midday Thursday, as oil prices slid towards US$40 a barrel. The loonie was at US$0.7846 or US$1 = C$1.2745 at 11:40 CDT Thursday morning. There are fears that oil storage space in the US is becoming full, which could […] Read more

By Commodity News Service Canada WINNIPEG, March 19 The Canadian dollar was down sharply against the US dollar on Thursday, giving back nearly all of Wednesday’s advances amid profit taking. At 8:49 CDT Thursday, the Canadian dollar was at US$0.7858 or US$=C$1.2726, which compares with Wednesday’s North American close of US$0.7955 or US$1=C$1.2570. The weakness […] Read more

By Commodity News Service Canada WINNIPEG, March 18 – The Canadian dollar was up sharply against the US dollar on Wednesday, gaining more than a full cent after the US Federal Reserve’s latest interest rate announcement. The US Fed said they will not raise interest rates until they see more improvement in the labour sector, […] Read more

By Commodity News Service Canada Winnipeg, March 18 – The Canadian dollar corrected higher against its American counterpart at midday Wednesday, after briefly dipping to its weakest level in more than six years. The loonie was at US$0.7839 or US$1 = C$1.2756 at 11:50 CDT Wednesday morning. New data showed that January wholesale trade in […] Read more

By Commodity News Service Canada WINNIPEG, March 18 The Canadian dollar was weaker against the US dollar Wednesday morning, undermined by declines seen in crude oil values, analysts said. At 8:41 CDT Wednesday, the Canadian dollar was at US$0.7809 or US$=C$1.2806, which compares with Tuesday’s North American close of US$0.7827 or US$1=C$1.2776. Expectations that the […] Read more

By Commodity News Service Canada WINNIPEG, March 17 – The Canadian dollar was holding relatively steady against the US dollar on Tuesday, as traders prepared for the US Federal Reserve’s next interest rate announcement on Wednesday, analysts said. The Canadian dollar closed at US$0.7827 or US$1=C$1.2776 on Tuesday, which compares with Monday’s North American settlement […] Read more

By Commodity News Service Canada Winnipeg, March 17 – The Canadian dollar was little changed against its American counterpart at midday Tuesday, as traders speculated about the upcoming results of a meeting by the US Federal Reserve. The loonie was at US$0.7831 or US$1 = C$1.2769 at 11:45 CDT Tuesday morning. The US central bank […] Read more

By Commodity News Service Canada WINNIPEG, March 16 – The Canadian dollar was up slightly against the US dollar on Monday, seeing a correction following recent sharp declines, analysts said. The Canadian dollar closed at US$0.7825 or US$1=C$1.2780 on Monday, which compares with Friday’s North American settlement of US$0.7819 or US$1=C$1.2790. Much of the activity […] Read more

By Commodity News Service Canada Winnipeg, March 16 – The Canadian dollar was higher against its American counterpart at midday Monday, as investors positioned themselves in advance of a meeting by the US Federal Reserve. The loonie was at US$0.7841 or US$1 = C$1.2753 at 11:45 CDT Monday morning. The US central bank will meet […] Read more

By Commodity News Service Canada WINNIPEG, March 16 The Canadian dollar was firmer relative to the US dollar Monday morning, seeing an upward correction following Friday’s sharp drop, analysts said. At 8:35 CDT Monday, the Canadian dollar was at US$0.7830 or US$=C$1.2771, which compares with Friday’s North American close of US$0.7819 or US$1=C$1.2790. Some position […] Read more