Currency Markets

By Commodity News Service Canada Winnipeg, December 30 – The Canadian dollar was higher Tuesday morning after the American dollar weakened slightly. At 8:45 CST Tuesday morning, the loonie was up 0.0018 of a cent to US$0.8606 or US$1 = C$1.1619. Political turmoil in Greece is weighing on international markets as an election is scheduled […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 29 – The Canadian dollar eased slightly relative to the US dollar Monday, with ongoing worries about weakening oil prices weighing on the Canadian currency. Economists believe the recent sharp drop in the oil market will have a negative effect on Canadian economic growth, as oil is one […] Read more

By Commodity News Service Canada Winnipeg, Dec 29 – The Canadian dollar was weaker relative to the US dollar on Monday, falling below the 86 cents US mark. At 11:51 CST Monday, the Canadian dollar was trading at US$0.8587 or US$1=C$1.1646, which compares with last Wednesday’s North American close of US$0.8604 or US$1=C$1.1623. Canadian markets […] Read more

By Commodity News Service Canada Winnipeg, December 29 – The Canadian dollar was little changed Monday morning despite slightly higher crude oil prices. At 8:35 CST Friday morning, the loonie was down 0.0001 of a cent to US$0.8599 or US$1 = C$1.1629. The fluctuating ruble was the subject of close attention Monday morning, as Russia’s […] Read more

By Commodity News Service Canada Winnipeg, December 23 – The Canadian dollar was higher against its American counterpart at midday Tuesday, as new GDP figures suggest the Canadian economy is doing better than first thought. The loonie was at US$0.8617 or US$1 = C$1.1605 at 11:45 CST Tuesday morning. Canada’s GDP grew by 0.3 percent […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 23 – The Canadian dollar was slightly weaker Tuesday morning, despite a better-than-expected reading on the latest economic data. At 9:08 CST Tuesday morning the Canadian dollar was at US$0.8585 or C$1.1648 which compares with Monday’s North American close of US$0.8593, or C$1.1637. Canada’s gross domestic product grew […] Read more

By Commodity News Service Canada Winnipeg, December 22 – The Canadian dollar was lower against its American counterpart at midday Monday, as the loonie looked for direction amid a lack of domestic data. The loonie was at US$0.8592 or US$1 = C$1.1639 at 11:45 CST Monday morning. Last week, crude prices stabilized around US$107 a […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 22 – The Canadian dollar was weaker Monday morning, as losses in crude oil weighed on the energy linked currency. At 9:13 CST Monday morning the Canadian dollar was at US$0.8598 or C$1.1631 which compares with Friday’s North American close of US$0.8615, or C$1.1608. Crude oil was lower […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 19 – The Canadian dollar eased against the US dollar on Friday, reacting to disappointing Canadian inflation data, analysts said. According to Statistics Canada, the Consumer Price Index (CPI) rose 2.0 per cent in the 12 months to November, below expectations of a 2.2 per cent rise. The […] Read more

By Commodity News Service Canada Winnipeg, December 19 – The Canadian dollar was lower against its American counterpart at midday Friday, due to weak inflation data and an increase in the overall consumer price index. The loonie was at US$0.8604 or US$1 = C$1.1622 at 11:45 CST Friday morning. Prices for gasoline at the pump […] Read more