Currency Markets

By Commodity News Service Canada Winnipeg, Feb. 13 – The Canadian dollar was stronger relative to the US dollar at midday Friday, following the gains seen in crude oil values, analysts said. At 11:56 CST Friday, the Canadian dollar was trading at US$0.8031 or US$1=C$1.2452, which compares with Thursday’s North American close of US$0.8006 or […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 13 – The Canadian dollar was stronger Thursday morning, as gains in crude oil provided some support for the energy-linked currency. At 9:17 CST Friday morning the Canadian dollar was at US$0.8043 or C$1.2433 which compares with Thursday’s North American close of US$0.8006, or C$1.2490. Better-than-expected Canadian economic […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 12 – The Canadian dollar closed sharply higher relative to the US dollar on Thursday, following the gains seen in crude oil values, analysts said. The Canadian dollar closed at US$0.8006 or US$1=C$1.2490 on Thursday, which compares with Wednesday’s North American settlement of US$0.7911 or US$1=C$1.2641. General weakness […] Read more

By Commodity News Service Canada Winnipeg, Feb. 12 – The Canadian dollar was sharply stronger relative to the US dollar at midday Thursday, jumping back above the 80 cents US mark and gaining more than full cent. At 11:38 CST Thursday, the Canadian dollar was trading at US$0.8024 or US$1=C$1.2463, which compares with Wednesday’s North […] Read more

By Commodity News Service Canada Winnipeg, February 12 – The Canadian dollar was higher against its American counterpart Thursday morning, buoyed by stronger commodity prices and ideas of a ceasefire in eastern Ukraine. At 8:50 CST Thursday morning, the loonie was up 0.0101 of a cent to US$0.8024 or US$1 = C$1.2462. Costs associated with […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 11 – The Canadian dollar closed lower against the US dollar on Wednesday, easing along with crude oil values, analysts said. The oil market moved lower in reaction to recent news that US inventories of crude oil are at record high levels. The Canadian dollar closed at US$0.7911 […] Read more

By Commodity News Service Canada Winnipeg, Feb. 11 – The Canadian dollar was weaker relative to the US dollar Wednesday, as crude oil values moved below the $50 per barrel mark. At 11:50 CST Wednesday, the Canadian dollar was trading at US$0.7914 or US$1=C$1.2636, which compares with Tuesday’s North American close of US$0.7953 or US$1=C$1.2574. […] Read more

By Commodity News Service Canada Winnipeg, February 11 – The Canadian dollar was lower against its American counterpart Wednesday morning, as doubts swirled over Greece’s economic future. At 8:45 CST Wednesday morning, the loonie was down 0.0029 of a cent to US$0.7916 or US$1 = C$1.2632. Eurozone finance ministers are meeting this week with Greece’s […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 10 – The Canadian dollar closed sharply lower on Tuesday, undermined by a dovish statement from Bank of Canada officials, analysts said. A senior official at the Bank of Canada said the bank will do what it takes to get inflation in the country back to 2 per […] Read more

By Commodity News Service Canada Winnipeg, Feb. 10 – The Canadian dollar moved sharply lower relative to the US dollar at midday Tuesday, following the weakness seen in crude oil values, analysts said. At 11:48 CST Tuesday, the Canadian dollar was trading at US$0.7953 or US$1=C$1.2574, which compares with Monday’s North American close of US$0.8022 […] Read more