Currency Markets

By Commodity News Service Canada WINNIPEG, Feb. 6 – The Canadian dollar closed sharply lower on Friday, reacting to positive US jobs data, as it indicated the US economy continues to improve, analysts said. The US Labor Department said 257,000 new jobs were created last month, above pre-report expectations of about 233,000 new jobs. The […] Read more

By Commodity News Service Canada Winnipeg, February 6 – The Canadian dollar was lower against its American counterpart at midday Friday, as new housing data suggested the collapse in oil prices could damage the housing market. The loonie was at US$0.7991 or US$1 = C$1.2514 at 11:50 CST Friday morning. The Canada Mortgage and Housing […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 6 The Canadian dollar was down slightly against the US dollar Friday morning, undermined by positive US employment data, analysts said. The US Labor Department said 257,000 new jobs were created last month, above pre-report expectations of about 233,000 new jobs. At 8:44 CST Friday, the Canadian dollar […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 5 – The Canadian dollar closed sharply higher on Thursday, jumping back above the 80 cents US mark, lifted by a rally in crude oil values, analysts said. The Canadian dollar closed at US$0.8049 or US$1=C$1.2424 on Thursday, which compares with Wednesday’s North American settlement of US$0.7959 or […] Read more

By Commodity News Service Canada Winnipeg, February 5 – The Canadian dollar was higher against its American counterpart at midday Thursday, as rising oil values elevated the loonie. The loonie was at US$0.8044 or US$1 = C$1.2431 at 11:50 CST Thursday morning. Investors’ hopes swirled that measures taken early on by the oil industry to […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 5 The Canadian dollar was firmer relative to the US dollar Thursday morning, seeing a corrective bounce after Wednesday’s declines, analysts said. At 8:45 CST Thursday, the Canadian dollar was at US$0.8006 or US$=C$1.2491, which compares with Wednesday’s North American close of US$0.7959 or US$1=C$1.2565. Crude oil values […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 4 – The Canadian dollar closed lower relative to the US dollar on Wednesday, giving back some of Tuesday’s sharp gains. The Canadian dollar closed at US$0.7959 or US$1=C$1.2565 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8067 or US$1=C$1.2396. The Canadian dollar was also dragged […] Read more

By Commodity News Service Canada Winnipeg, February 4 – The Canadian dollar tumbled against its American counterpart at midday Wednesday, as growing inventories of US crude oil weighed on values. The loonie was at US$0.7958 or US$1 = C$1.2456 at 11:50 CST Wednesday morning. The US Department of Energy released data this morning that showed […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 4 – The Canadian dollar was weaker Wednesday morning, seeing a correction after rallying sharply relative to its US counterpart on Tuesday. At 9:13 CST Wednesday morning the Canadian dollar was at US$0.7970 or C$1.2547 which compares with Tuesday’s North American close of US$0.8067, or C$1.2396. Losses in […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 3 – The Canadian dollar ended sharply higher relative to the US dollar on Tuesday, as crude oil values rallied above $50 per barrel, analysts said. The Canadian dollar closed at US$0.8067 or US$1=C$1.2711 on Tuesday, which compares with Monday’s North American settlement of US$0.7951 or US$1=C$1.2577. A […] Read more