Currency Markets

By Commodity News Service Canada WINNIPEG, Jan. 20 – The Canadian dollar was sharply weaker at midday Tuesday, losing a full cent compared to its US counterpart as losses in crude oil and a softer-than-expected manufacturing data weighed on the currency ahead of Wednesday’s Bank of Canada meeting. At 11:58 CST, the Canadian dollar was […] Read more

By Commodity News Service Canada Winnipeg, January 20 – The Canadian dollar was sharply lower against its American counterpart Tuesday morning, just a day before the Bank of Canada is scheduled to make an announcement on interest rates. At 8:45 CST Tuesday morning, the loonie was down 0.0008 of a cent to US$0.8292 or US$1 […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 19 – The Canadian dollar was slightly stronger relative to the US dollar on Monday, amid a quiet day as US markets were closed for Martin Luther King, Jr. Day. The Canadian dollar closed at US$0.8370 or US$1=C$1.1947 on Friday, which compares with Friday’s North American settlement of […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 19 – The Canadian dollar was slightly firmer at midday Monday, although activity was on the quiet side as the US markets were closed for the Martin Luther King Jr. holiday. At 11:54 CST, the Canadian dollar was trading at US$0.8363 or US$1=C$1.1957 which compares with Friday’s close […] Read more

By Commodity News Service Canada Winnipeg, January 19 – The Canadian dollar was little changed against its American counterpart Monday morning, as investors waited to hear an announcement on interest rates from the Bank of Canada on Wednesday. At 8:50 CST Monday morning, the loonie was down 0.0007 of a cent to US$0.8444 or US$1 […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 16 – The Canadian dollar was little changed relative to the US dollar on Friday, recovering from sharp losses seen earlier in the day. Currency markets continued to be very volatile after the Swiss central bank’s recent unexpected decision to get rid of a previously imposed limit on […] Read more

By Commodity News Service Canada Winnipeg, January 16 – The Canadian dollar was slightly lower against its American counterpart at midday Friday, despite a rise in oil prices and other commodities. The loonie was at US$0.8346 or US$1 = C$1.1981 at 11:40 CST Friday morning. There is speculation the Bank of Canada may delay a […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 16 The Canadian dollar was weaker relative to the US dollar Friday morning. Expectations that the Bank of Canada will keep rates unchanged at next week’s interest rate announcement were bearish, analysts said. At 8:50 CST Friday, the Canadian dollar was at US$0.8312 or US$=C$1.2031, which compares with […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 15 – The Canadian dollar eased relative to the US dollar after a day of choppy activity on Thursday. Currency markets were very volatile, reacting to the Swiss central bank’s unexpected decision to get rid of a previously imposed limit on the franc’s strength against the euro, brokers […] Read more

By Commodity News Service Canada Winnipeg, January 15 – The Canadian dollar was higher against its American counterpart at midday Thursday, as oil prices showed some stability for the second straight day. The loonie was at US$0.8376 or US$1 = C$1.1939 at 11:45 CST Thursday morning. According to the Philadelphia Federal Reserve Bank, activity in […] Read more