Currency Markets

By Commodity News Service Canada Winnipeg, November 28 – The Canadian dollar was lower on Friday as plummeting oil prices offset gains in the economy. At 8:50 CST Friday morning, the loonie was down 0.0054 of a cent to US$0.8763 or US$1 = C$1.1412. A barrel of crude oil is sitting at four-year lows in […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 27 – The Canadian dollar dropped three-quarters of a cent relative to the US dollar on Thursday, following the sharp tumble seen in crude oil values, analysts said. Crude oil values tumbled to fresh four-and-a-half year lows; with the WTI January 2015 crude oil contract dropping below US$70 […] Read more

By Commodity News Service Canada Winnipeg, November 27 – The Canadian dollar was lower against its American counterpart at midday Thursday, in the wake of an announcement by OPEC that it would not be cutting oil production to address falling prices. The loonie was at US$0.8815 or US$1 = C$1.1344 at 11:45 CST Thursday morning. […] Read more

By Commodity News Service Canada Winnipeg, November 27 – The Canadian dollar was slightly lower on Thursday as improving trade data was offset by weak commodity prices. At 8:55 CST Thursday morning, the loonie was down 0.0022 of a cent to US$0.8867 or US$1 = C$1.1278. Canada’s current account deficit narrowed by C$1.5 billion in […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 26 – The Canadian dollar firmed relative to the US dollar on Wednesday, after a quiet day as traders squared positions ahead of Thanksgiving in the US on Thursday. US markets will be closed, while Canadian markets will be open. The Canadian dollar closed at US$0.8900 or US$1=C$1.1236 […] Read more

By Commodity News Service Canada Winnipeg, November 26 – The Canadian dollar was higher against its American counterpart at midday Wednesday, buoyed by positive economic data. The loonie was at US$0.8902 or US$1 = C$1.1233 at 11:35 CST Wednesday morning. Durable goods orders in the US rose by 0.4 percent. That is well above the […] Read more

By Commodity News Service Canada Winnipeg, November 26 – The Canadian dollar was slightly higher on Wednesday as investors waited for the release of US economic data. At 8:50 CST Wednesday morning, the loonie was up 0.0012 of a cent to US$0.8896 or US$1 = C$1.1241. The October reading on US durable goods orders, the […] Read more

By Commodity News Service Canada WINNIPEG, Nov. 25 – The Canadian dollar strengthened relative to the US dollar on Tuesday, reacting to positive Canadian retail sales data, analysts said. According to Statistics Canada, retail sales were up by 0.8 per cent in September, beating expectations of a 0.5 per cent rise. The Canadian dollar closed […] Read more

By Commodity News Service Canada Winnipeg, November 25 – The Canadian dollar was higher against its American counterpart at midday Tuesday as demand for the loonie grew with positive economic data. The loonie was at US$0.8893 or US$1 = C$1.1245 at 11:45 CST Tuesday morning. Auto sales paced the Canadian economy to a gain of […] Read more

By Commodity News Service Canada Winnipeg, November 25 – The Canadian dollar was higher on Tuesday as investors rallied behind encouraging data from the US and growing speculation the Bank of Canada might adjust interest rates sooner than expected. At 8:50 CST Tuesday morning, the loonie was up 0.0038 of a cent to US$0.8898 or […] Read more