Currency Markets

By Commodity News Service Canada WINNIPEG, August 13 – The Canadian dollar was slightly firmer against the US dollar on Wednesday, as traders awaited revised Canadian employment data for July that will be released on Friday, analysts said. Statistics Canada announced there was an error in the jobs data reported last week, which showed only […] Read more

By Commodity News Service Canada Winnipeg, August 13 – The Canadian dollar had minimal change midday on Wednesday, as traders await a revised set of Canadian employment data on Friday. At 11:45 CDT Wednesday morning, the Canadian dollar dipped 0.03 of a cent to US$0.9153 or US$1 = C$1.0929. Markets were surprised on Tuesday when […] Read more

By Commodity News Service Canada Winnipeg, August 13 – The Canadian dollar saw minimal change on Wednesday morning as traders await a revision to the July report for Canadian employment data, scheduled to be released this Friday. At 9:07 CDT Wednesday morning, the loonie dipped 0.01 of a cent to US$0.9155 or US$1 = C$1.0944. […] Read more

By Commodity News Service Canada Winnipeg, August 12 – The Canadian dollar closed slightly lower on Tuesday, as Statistics Canada announced that a revised employment report for July will be released this Friday, analysts say. At 3:45 CDT Tuesday, the loonie was down 0.02 of a cent to US$0.9156 or US$1 = C$1.0944, after a […] Read more

By Commodity News Service Canada Winnipeg, August 12 – The Canadian dollar was lower against its US counterpart at midday Tuesday, as the loonie faltered against the American greenback and other international currencies. North American investors have also shifted their attention to gold, due to continued uncertainty between Russia and Ukraine. The tension between the […] Read more

By Commodity News Service Canada Winnipeg, August 12 – The Canadian dollar was down on Tuesday morning as the U.S. dollar gained against other currencies amid geopolitical concerns and declining German investor confidence, analysts say. At 9:05 CDT Tuesday morning, the Canadian dollar declined 0.23 of a cent to US$0.9135 or US$1 = C$1.0935. Markets […] Read more

By Commodity News Service Canada WINNIPEG, August 11 – The Canadian dollar strengthened relative to the US dollar on Monday, seeing an upward correction following Friday’s sharp drop, analysts said. The Canadian dollar closed at US$0.9158 or US$1=C$1.0919 on Monday, which compares with Friday’s North American settlement of US$0.9115 or US$1=C$1.0971. Easing worries about geopolitical […] Read more

By Commodity News Service Canada Winnipeg, August 11 – The Canadian dollar was higher against its US counterpart at midday Monday, as the Canada Mortgage and Housing Corporation reported that housing starts for the month of July were up from June. According to the agency, last month’s housing starts came in at an annualized rate […] Read more

By Commodity News Service Canada Winnipeg, August 11 – The Canadian dollar was higher on Monday amid strong domestic housing data and a great willingness to take on risk, even as traders kept their eyes on geopolitical flashpoints. At 9:00 CDT Monday morning, the loonie was up 0.14 of a cent to US$0.9129 or US$1 […] Read more

By Commodity News Service Canada WINNIPEG, August 8 – The Canadian dollar dropped sharply lower relative to the US dollar on Friday, reacting to disappointing Canadian employment data, analysts said. Statistics Canada said only 200 new jobs were created in July, falling well below expectations of 20,000 newly created positions. The unemployment rate managed to […] Read more