Currency Markets

By Commodity News Service Canada WINNIPEG, March 13 – The Canadian dollar dropped sharply relative to the US dollar on Friday, undermined by weakness in the crude oil market, analysts said. Crude oil values were just above the US$45.00 per barrel mark on Friday, a drop of more than four per cent. The decline in […] Read more

By Commodity News Service Canada Winnipeg, March 13 – The Canadian dollar was lower against its American counterpart at midday Friday, as falling oil prices and a lukewarm job report sent the loonie to a six-year low. The loonie was at US$0.7819 or US$1 = C$1.2789 at 11:45 CDT Friday morning. The country is starting […] Read more

By Commodity News Service Canada Winnipeg, March 13 – The Canadian dollar was lower against its US counterpart Friday morning, as traders positioned themselves before the weekend. At 8:50 CST Friday, the Canadian dollar was at US$0.7830 or US$=C$1.1277 which compares with Thursday’s North American close of US $0.7872, or US$=C$1.12703. New information shows the […] Read more

By Commodity News Service Canada WINNIPEG, March 12 – The Canadian dollar moved higher against the US dollar on Thursday, seeing an upward correction following recent sharp declines, analysts said. The Canadian dollar closed at US$0.7872 or US$1=C$1.2703 on Thursday, which compares with Wednesday’s North American settlement of US$0.7836 or US$1=C$1.2761. Further support came from […] Read more

By Commodity News Service Canada Winnipeg, MB, March 12, 2015 (CNS Canada) – The Canadian dollar was higher against its American counterpart at midday Thursday, as speculation grew the Bank of Canada may not match an expected interest rate hike by the US Federal Reserve. The loonie was at US$0.7838 or US$1 = C$1.2758 at […] Read more

By Commodity News Service Canada Winnipeg, March 12 – The Canadian dollar was higher against its American counterpart Thursday morning, correcting itself after hitting a six-year low on Wednesday. At 8:55 CDT Thursday morning, the loonie was up 0.0060 of a cent to US$0.7907 or US$1 = C$1.2647. The loonie has been working to shrug […] Read more

By Commodity News Service Canada WINNIPEG, March 11 – The Canadian dollar continued its downward spiral against the US dollar on Wednesday. Much of the Canadian dollar’s weakness was linked to expectations that the US Federal Reserve will raise interest rates in June, according to analysts. The Canadian dollar closed at US$0.7836 or US$1=C$1.2761 on […] Read more

By Commodity News Service Canada Winnipeg, March 11 – The Canadian dollar was lower against its American counterpart at midday Wednesday, pushed downward by broad-based US-dollar strength, according to an analyst. The loonie was at US$0.7838 or US$1 = C$1.2758 at 11:45 CDT Wednesday morning. Investors are betting that the US Federal Reserve will move […] Read more

By Commodity News Service Canada Winnipeg, March 11 – The Canadian dollar was lower against its American counterpart Wednesday morning, due to a lack of domestic data amid relatively weak oil prices. At 8:50 CDT Wednesday morning, the loonie was down 0.0011 of a cent to US$0.7870 or US$1 = C$1.2706. The loonie fell half […] Read more

By Commodity News Service Canada WINNIPEG, March 10 – The Canadian dollar closed sharply weaker relative to the US dollar on Tuesday, following the losses seen in crude oil values, analysts said. The Canadian dollar closed at US$0.7886 or US$1=C$1.2680 on Tuesday, which compares with Monday’s North American settlement of US$0.7939 or US$1=C$1.2596. Ongoing expectations […] Read more