Currency Markets

By Commodity News Service Canada WINNIPEG, Dec. 9 – The Canadian dollar ended stronger relative to the US dollar on Tuesday, seeing an upward correction following Monday’s sharp drop, analysts said. The Canadian dollar closed at US$0.8741 or US$1=C$1.1440 on Tuesday, which compares with Monday’s North American settlement of US$0.8709 or US$1=C$1.1482. Spillover support from […] Read more

By Commodity News Service Canada Winnipeg, Dec 9 – The Canadian dollar was stronger relative to the US dollar at midday Tuesday, seeing an upward correction following recent sharp declines, analysts said. At 11:45 CST Tuesday, the Canadian dollar was trading at US$0.8743 or US$1=C$1.1438, which compares with Monday’s North American close of US$0.8709 or […] Read more

By Commodity News Service Canada Winnipeg, December 9 – The Canadian dollar corrected higher Tuesday after oil tumbled US$3 in yesterday’s session. At 8:40 CST Tuesday morning, the loonie was up 0.0027 of a cent to US$0.8737 or US$1 = C$1.1445. One question traders are hoping to see answered is whether US interest rates will […] Read more

By Commodity News Service Canada Winnipeg, December 8 – The Canadian dollar was weaker against its American counterpart at midday Monday, due to the slumping energy market. The loonie was at US$0.8716 or US$1 = C$1.1473 at 11:35 CST Monday morning. Prices for crude oil sank in the face of weak Chinese trade information and […] Read more

By Commodity News Service Canada Winnipeg, December 5 – The Canadian dollar closed lower against its US counterpart on Friday, pressured by disappointing Canadian job numbers that caused the jobless rate to jump to 6.6%. Despite the disappointing numbers one analyst said the six-month moving average was “pretty decent”, according to a report. A modest […] Read more

By Commodity News Service Canada Winnipeg, December 5 – The Canadian dollar was weaker against its American counterpart at midday Friday, as a volatile energy market and disappointing job numbers combined to put the loonie under pressure. The loonie was at US$0.8754 or US$1 = C$1.1423 at 11:50 CST Friday morning. Canada lost 10,700 jobs […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 5 – The Canadian dollar was weaker Friday morning, as the currency reacted to softening domestic employment data. At 9:09 CST Friday morning the Canadian dollar was at US$0.8725 or C$1.1461 which compares with Thursday’s North American close of US$0.8791, or C$1.1375. The Canadian economy lost a net […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 4 – The Canadian dollar ended slightly softer relative to the US dollar after a day of choppy activity on Thursday, as the market consolidated following recent sharp losses, analysts. The Canadian dollar closed at US$0.8791 or US$1=C$1.1375 on Thursday, which compares with Wednesday’s North American settlement of […] Read more

By Commodity News Service Canada Winnipeg, December 4 – The Canadian dollar was little changed against its American counterpart at midday Thursday, as investors waited for fresh Canada jobs data, due to be released on Friday. The loonie was at US$0.8792 or US$1 = C$1.1371 at 11:45 CST Thursday morning. Comments from the Bank of […] Read more

By Commodity News Service Canada WINNIPEG, Dec. 4 The Canadian dollar was up slightly compared to the US dollar amid choppy two-sided activity Thursday morning. At 8:54 CST Thursday the Canadian dollar was at U.S.$0.8807 or U.S.$=C$1.1355, which compares with Wednesday’s North American close of U.S.$0.8798 or U.S.$=C$1.1366. Wednesday’s optimistic messaging from the Bank of […] Read more