Currency Markets

By Commodity News Service Canada Winnipeg, February 19 – The Canadian dollar was lower against its American counterpart at midday Thursday, as reports of growing US oil inventories pulled down crude prices. The loonie was at US$0.8000 or US$1 = C$1.2000 at 11:50 CST Thursday morning. The American Petroleum Institute found that US oil inventories […] Read more

By Commodity News Service Canada Winnipeg, February 19 – The Canadian dollar was lower against its American counterpart Thursday morning, as oil prices slumped in the facing of growing US inventories. At 8:50 CST Thursday morning, the loonie was down 0.0052 of a cent to US$0.7979 or US$1 = C$1.2532. The American Petroleum Institute reported […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 18 – The Canadian dollar closed weaker relative to the US dollar on Wednesday, following the drop seen in crude oil values, analysts said. The Canadian dollar closed at US$0.8053 or US$1=C$1.2418 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8081 or US$1=C$1.2374. Ongoing worries that […] Read more

By Commodity News Service Canada Winnipeg, February 18 – The Canadian dollar was lower against its American counterpart at midday Wednesday, as declining oil prices led values lower. The loonie was at US$0.8031 or US$1 = C$1.2452 at 11:50 CST Wednesday morning. Oil prices were unable to sustain gains made on Tuesday. Analysts say rising […] Read more

Canadian Dollar And Business Outlook By Commodity News Service Canada Winnipeg, February 18 – The Canadian dollar was lower against its American counterpart Wednesday morning, due to declining oil prices. At 8:50 CST Wednesday morning, the loonie was down 0.0031 of a cent to US$0.8038 or US$1 = C$1.2440. Analysts say reports of a recent […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 17 – The Canadian dollar closed stronger on Tuesday, finding support from strength in crude oil values, analysts said. The Canadian dollar closed at US$0.8081 or US$1=C$1.2374 on Tuesday, which compares with Friday’s North American settlement of US$0.8025 or US$1=C$1.2461. Markets were closed on Monday. Broad weakness in […] Read more

By Commodity News Service Canada Winnipeg, February 17 – The Canadian dollar was higher against its American counterpart at midday Tuesday, as firm oil prices offset investors’ concerns over the political situation in Greece. The loonie was at US$0.8067 or US$1 = C$1.2396 at 11:50 CST Tuesday morning. The price for a barrel of Brent […] Read more

By Commodity News Service Canada Winnipeg, February 17 – The Canadian dollar was higher against its American counterpart Tuesday morning, as investors positioned themselves due to the worsening political situation in Greece. At 8:50 CST Tuesday morning, the loonie was up 0.0037 of a cent to US$0.8056 or US$1 = C$1.2413. European leaders are concerned […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 13 – The Canadian dollar closed stronger on Friday, as traders evened positions ahead of the long weekend. Both Canadian and US markets will be closed on Monday. The Canadian dollar closed at US$0.8025 or US$1=C$1.2461 on Friday, which compares with Thursday’s North American settlement of US$0.8006 or […] Read more

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