Currency Markets

By Commodity News Service Canada Winnipeg, September 22 – The Canadian dollar was weaker against its US counterpart at midday Monday, as words from the US Federal Reserve last week reassured investors the central bank is not looking to hike interest rates anytime soon, lending strength to the US dollar. The announcement reinforces the US […] Read more

By Commodity News Service Canada WINNIPEG, Sept. 22 The Canadian dollar was down sharply relative to the US dollar Monday morning, following weakness in commodities and other commodity-based currencies, analysts said. At 9:03 CDT Monday the Canadian dollar was at US$0.9091 or US$=C$1.1100, which compares with Friday’s North American close of US$0.9135 or US$=C$1.0947. Bank […] Read more

By Commodity News Service Canada WINNIPEG, September 19 – The Canadian dollar was unchanged relative to the US dollar on Friday, consolidating ahead of the weekend. The Canadian dollar closed at US$0.9135 or US$1=C$1.0947 on Friday, which compares with Thursday’s North American settlement of US$0.9135 or US$1=C$1.0947. Statistics Canada reported the consumer price index rose […] Read more

By Commodity News Service Canada Winnipeg, September 19 – The Canadian dollar was lower against its US counterpart at midday Friday, due to falling commodities in spite of the fact Scotland’s decision to remain in the United Kingdom generally sent markets higher. Scotland voted 55 percent against independence which left many investors relieved. The result […] Read more

By Commodity News Service Canada WINNIPEG, Sept. 19 – The Canadian dollar was stronger Friday morning, as the currency reacted to the latest inflation data. At 9:12 CDT Friday morning the Canadian dollar was at US$0.9144 or C$1.0936 which compares with Thursday’s North American close of US$0.9135, or C$1.0947. Canada’s annual rate of inflation held […] Read more

By Commodity News Service Canada WINNIPEG, September 18 – The Canadian dollar closed stronger against the US dollar on Thursday, finding support from disappointing US housing starts and building permits data, analysts said. The Canadian dollar closed at US$0.9135 or US$1=C$1.0947 on Thursday, which compares with Wednesday’s North American settlement of US$0.9088 or US$1=C$1.1004. Some […] Read more

By Commodity News Service Canada Winnipeg, Sept 18 – The Canadian dollar strengthened relative to the US dollar at 11:51 CDT Thursday, amid ideas that the US Federal Reserve isn’t planning on raising interest rates any time soon, analysts said. At 11:51 CDT Thursday, the Canadian dollar was trading at US$0.9129, or US$1=C$1.0954, which compares […] Read more

By Commodity News Service Canada WINNIPEG, Sept. 18 – The Canadian dollar was stronger Thursday morning, recovering from Wednesday’s declines as currency traders reassessed statements from the US Federal Reserve on interest rates. At 9:29 CDT Thursday morning the Canadian dollar was at US$0.9139 or C$1.0942 which compares with Thursday’s North American close of US$0.9088, […] Read more

By Commodity News Service Canada WINNIPEG, September 17 – The Canadian dollar closed lower on Wednesday, reacting to the latest interest rate announcement from the US Federal Reserve, analysts said. The US Federal Reserve left its interest rate outlook unchanged on Wednesday, but highlighted that the economy in the US is showing signs of improvement. […] Read more

By Commodity News Service Canada Winnipeg, September 17 – The Canadian dollar was higher against its US counterpart at midday Wednesday, as traders squared positions ahead of a key speech by the US Federal Reserve. The central bank is expected to address the question of interest rates in the US, and how long they will […] Read more