Currency Markets

By Commodity News Service Canada Winnipeg, December 19 – The Canadian dollar was lower Friday morning as November inflation data came in weaker than expected. At 8:45 CST Friday morning, the loonie was down 0.0015 of a cent to US$0.8609 or US$1 = C$1.1616. Consumer prices rose two percent in the 12 months to November, […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 18 – The Canadian dollar strengthened relative to the US dollar on Thursday, seeing a corrective bounce after recent sharp losses, analysts said. The Canadian dollar closed at US$0.8623 or US$1=C$1.1597 on Thursday, which compares with Wednesday’s North American settlement of US$0.8592 or US$1=C$1.1639. Short covering ahead of […] Read more

By Commodity News Service Canada Winnipeg, December 18 – The Canadian dollar was higher against its American counterpart at midday Thursday, as oil prices softened and the US Federal Reserve offered reassurances it wouldn’t hike interest rates in the immediate future. The loonie was at US$0.8624 or US$1 = C$1.1595 at 11:45 CST Thursday morning. […] Read more

By Commodity News Service Canada Winnipeg, December 17 – The Canadian dollar was higher Thursday morning as the market gained confidence over recent remarks by the US Federal Reserve and oil prices strengthened. At 8:50 CST Thursday morning, the loonie was up 0.0022 of a cent to US$0.8609 or US$1 = C$1.1616. US Federal Reserve […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 17 – The Canadian dollar ended little changed relative to the US dollar on Wednesday, reversing earlier gains after the US Federal Reserve released its latest policy announcement. The statement noted that the US Federal Reserve plans to wait a “considerable” time before raising interest rates. The Canadian […] Read more

By Commodity News Service Canada Winnipeg, December 17 – The Canadian dollar was slightly higher against its American counterpart at midday Wednesday, as traders considered whether or not to make moves ahead of today’s policy statement by the US Federal Reserve. At issue is whether or not the central bank will hike interest rates. The […] Read more

By Commodity News Service Canada Winnipeg, December 17 – The Canadian dollar was lower Wednesday morning as traders positioned themselves in anticipation of an interest rate announcement by the US Federal Reserve. That is expected to come out by mid-afternoon. At 8:50 CST Wednesday morning, the loonie was down 0.0011 of a cent to US$0.8588 […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 16 – The Canadian dollar ended firmer relative to the US dollar Tuesday, seeing an upward correction following recent sharp declines, analysts said. The Canadian dollar closed at US$0.8594 or US$1=C$1.1636 on Tuesday, which compares with Monday’s North American settlement of US$0.8579 or US$1=C$1.1656. Positive Canadian trade data […] Read more

By Commodity News Service Canada Winnipeg, December 15 – The Canadian dollar was slightly higher against its American counterpart midday Tuesday, as traders looked for bargains in the wake of four straight losing sessions that left the loonie technically oversold. The loonie was at US$0.8598 or US$1 = C$1.1631 at 11:45 CST Tuesday morning. While […] Read more

By Commodity News Service Canada Winnipeg, December 16 – The Canadian dollar rebounded Tuesday morning, rising slightly higher, as oil volatility and foreign market activity kept traders on edge. At 8:45 CST Tuesday morning, the loonie was up 0.0025 of a cent to US$0.8600 or US$1 = C$1.1628. The rise came as data was released […] Read more