Currency Markets

By Commodity News Service Canada WINNIPEG, Dec. 15 – The Canadian dollar ended sharply lower relative to the US dollar on Monday, falling below the 86 cents US mark and hitting the lowest level since July 2009. The Canadian dollar closed at US$0.8579 or US$1=C$1.1656 on Monday, which compares with Friday’s North American settlement of […] Read more

By Commodity News Service Canada Winnipeg, December 8 – The Canadian dollar slumped to its lower point in five and half years against its American counterpart midday Monday, on the back of oil prices which continued to plummet. The loonie was at US$0.8590 or US$1 = C$1.1641 at 11:45 CST Monday morning. The loonie was […] Read more

By Commodity News Service Canada Winnipeg, December 15 – The Canadian dollar was lower Monday morning as the US dollar firmed ahead of an interest rate announcement by the US Federal Reserve. At 8:45 CST Monday morning, the loonie was down 0.0019 of a cent to US$0.8625 or US$1 = C$1.1594. Traders in the US […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 12 – The Canadian dollar ended sharply lower relative to the US dollar on Friday, hitting a five-and-a-half year low during the trading session. A continuing falling oil market was behind the losses, as economists are worried the recent drop in oil values will weigh heavily on the […] Read more

By Commodity News Service Canada Winnipeg, Dec 12 – The Canadian dollar continued to move lower against the US dollar on Friday, as crude oil values were weaker once again. Economists are worried that the recent sharp drop in crude oil values will negatively affect the Canadian economy, according to analysts. At 11:46 CST Friday, […] Read more

By Commodity News Service Canada Winnipeg, December 12 – The Canadian dollar was lower Friday morning due to disappointing Chinese trade data and depressed crude oil prices. At 8:45 CST Friday morning, the loonie was down 0.0029 of a cent to US$0.8646 or US$1 = C$1.1566. One question traders are hoping to see answered is […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 11 – The Canadian dollar ended sharply lower relative to the US dollar on Thursday, falling below 87 cents US and to a five-year low. Recent weakness in crude oil values, as they’ve dropped about 40 per cent since the summer, was behind the decline. Economists are worried […] Read more

By Commodity News Service Canada Winnipeg, Dec 11 – The Canadian dollar was down sharply relative to the US dollar on Thursday, falling below the 97 cents US mark and hitting a nearly five-year low. At 11:40 CST Thursday, the Canadian dollar was trading at US$0.8669 or US$1=C$1.1535, which compares with Wednesday’s North American close […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 11 – The Canadian dollar was weaker Thursday morning, hitting fresh 5-year lows as continued weakness in crude oil weighed on the energy-linked currency. At 9:23 CST Thursday morning the Canadian dollar was at US$0.8673 or C$1.1530 which compares with Wednesday’s North American close of US$0.8711, or C$1.1480. […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 10 – The Canadian dollar ended sharply lower relative to the US dollar on Wednesday, following the tumbling crude oil market, analysts said. The Canadian dollar closed at US$0.8711 or US$1=C$1.1480 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8741 or US$1=C$1.1440. Bank of Canada governor […] Read more