Currency Markets

By Commodity News Service Canada Winnipeg, October 20 – The Canadian dollar was slightly higher against its US counterpart at midday Monday, as new sales numbers buoyed the loonie. Wholesale sales rose during August. Sales of machinery, equipment, and other supplies helped the sector rise up 0.2 percent to C$53.1 billion for the month. That […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 20 The Canadian dollar was holding steady relative to the U.S. dollar Monday morning, finding some support from positive Canadian sales data, analysts said. Statistics Canada said Canadian wholesale sales were up 0.2 per cent to C$53.1 billion in August. At 8:58 CDT Monday the Canadian dollar was […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 17 – The Canadian dollar eased relative to the US dollar on Friday. The US dollar moved higher in reaction to positive US economic data, analysts said. A primary reading of US consumer sentiment, housing starts and building permits data were all better than expected on Friday. The […] Read more

By Commodity News Service Canada Winnipeg, October 17 – The Canadian dollar was slightly higher against its US counterpart at midday Friday, as low inflation and less volatility on global markets helped buoy the loonie. New data showed that Canada’s cost of living was up 0.2 percent in September on a seasonally adjusted basis. The […] Read more

By Commodity News Service Canada Winnipeg, October 17 – The Canadian dollar was higher against its US counterpart Friday morning, as new information suggested inflationary pressures had temporarily subsided. Canada’s inflation rate was reported at 2.0 percent in September, following a 2.1 percent the previous month. The loonie also received a bump from speculation further […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 16 – The Canadian dollar was slightly firmer relative to the US dollar on Thursday, continuing to find support from Wednesday’s disappointing US retail sales data, analysts said. The Canadian dollar closed at US$0.8890 or US$1=C$1.1248 on Thursday, which compares with Wednesday’s North American settlement of US$0.8883 or […] Read more

By Commodity News Service Canada Winnipeg, MB, October 14, 2014 (CNS Canada) – The Canadian dollar was slightly lower against its US counterpart at midday Thursday, as many traders stayed away from commodity-based currencies and risky assets in favour of the US Dollar. New data also emerged showing disappointing Canadian manufacturing results for the month […] Read more

By Commodity News Service Canada Winnipeg, October 16 – The Canadian dollar was lower against its US counterpart Thursday morning, as commodity-based currencies around the world continued to drop in favour of the US dollar. The faltering global economy has caused a great deal of uncertainty in markets around the world, said a trader. The […] Read more

By Commodity News Service Canada WINNIPEG, Oct. 15 – The Canadian dollar was stronger relative to the US dollar on Wednesday, seeing a recovery following a recent drop to more than five-year lows. The Canadian dollar closed at US$0.8883 or US$1=C$1.1258 on Wednesday, which compares with Tuesday’s North American settlement of US$0.8845 or US$1=C$1.1306. Weakness […] Read more

By Commodity News Service Canada Winnipeg, October 15 – The Canadian dollar was little changed against its US counterpart at midday Wednesday, as many traders stayed on the sidelines due to global economic concerns. Many investors opted for safety and stayed away from equities and commodity-based currencies, according to a report. The benchmark US Treasury […] Read more