Currency Markets

By Commodity News Service Canada Winnipeg, March 10 – The Canadian dollar was lower against its American counterpart at midday Tuesday, weighed down by losses in gold and oil. The loonie was at US$0.7904 or US$1 = C$1.2554 at 11:45 CDT Tuesday morning. Concerns over the prospect of an early rate hike by the US […] Read more

By Commodity News Service Canada WINNIPEG, March 9 – The Canadian dollar closed firmer relative to the US dollar on Monday, seeing a slight correction after Friday’s sharp declines, analysts said. The Canadian dollar closed at US$0.7939 or US$1=C$1.2596 on Monday, which compares with Friday’s North American settlement of US$0.7930 or US$1=C$1.2610. Spillover support for […] Read more

By Commodity News Service Canada Winnipeg, March 9 – The Canadian dollar was higher against its American counterpart at midday Monday, pushed upwards by advances in gold and oil. The loonie was at US$0.7945 or US$1 = C$1.2559 at 11:45 CDT Monday morning. The dollar was pressured however by some underwhelming housing data. A new […] Read more

By Commodity News Service Canada Winnipeg, March 9 – The Canadian dollar was higher against its American counterpart Monday morning, as rising commodities offset a weaker-than-expected housing report. At 8:45 CST Monday morning, the loonie was up 0.0016 of a cent to US$0.7941 or US$1 = C$1.2593. February housing starts were pegged at an annualized […] Read more

By Commodity News Service Canada WINNIPEG, March 6 – The Canadian dollar closed sharply lower against the US dollar on Friday, reacting to positive US employment data, analysts said. The US Labour Department said 295,000 new jobs were created in the US last month, beating expectations of 245,000 new jobs. The positive data fuelled speculation […] Read more

By Commodity News Service Canada Winnipeg, March 6 – The Canadian dollar was down sharply relative to the US dollar on Friday, reacting to strong US employment data, analysts said. The US Labour Department said 295,000 new jobs were created in the US last month, beating expectations of 245,000 new jobs. The positive data fuelled […] Read more

By Commodity News Service Canada Winnipeg, March 6 – The Canadian dollar was lower against its American counterpart Friday morning, after US job report data came out better than expected. At 8:45 CST Friday morning, the loonie was down 0.0077 of a cent to US$0.7933 or US$1 = C$1.2605. The US economy created just under […] Read more

By Commodity News Service Canada WINNIPEG, March 5 – The Canadian dollar closed sharply lower against the US dollar on Thursday, dropping back below the 80 cents US mark. Broad strength in the US dollar index was contributing the Canadian currency’s weakness, as were declines in crude oil and gold, analysts said. The Canadian dollar […] Read more

By Commodity News Service Canada Winnipeg, March 5 – The Canadian dollar weakened against the US dollar at midday Thursday, with broad strength in the US dollar index weighing on the currency. At 11:37 CST Thursday, the Canadian dollar was trading at US$0.8004 or US$1=C$1.2494, which compares with Wednesday’s North American close of US$0.8054 or […] Read more

By Commodity News Service Canada Winnipeg, March 5 – The Canadian dollar was lower against its American counterpart Thursday morning, as the effects of a decision by the Bank of Canada continued to ripple through the financial community. The central bank announced it was leaving the key rate unchanged at 0.75 percent. At 8:55 CST […] Read more