Currency Markets

By Commodity News Service Canada Winnipeg, July 28 – The Canadian dollar closed higher on Monday ahead of a heavy slate of North American economic data to be released this week, analysts say. At 3:47 CDT Monday afternoon, the Canadian currency was quoted at US$0.9259 or US$1=C$1.0801. This compares with Friday’s North American close of […] Read more

By Commodity News Service Canada Winnipeg, July 28 – The Canadian dollar was higher on Monday, ahead of a heavy slate of North American economic data coming down this week, analysts say. At 11:40 CDT Monday morning, the loonie rose 0.1 of a cent to US$0.9257 or US$1 = C$1.0801. In the U.S., traders will […] Read more

By Commodity News Service Canada Winnipeg, July 28 – The Canadian dollar saw minimal change on Monday ahead of a heavy slate of North American economic data coming this week, analysts say. At 9:22 CDT Monday morning, the loonie was up 0.01 of a cent to US$0.9248 or US$1 = C$1.0814. In the U.S. traders […] Read more

By Commodity News Service Canada WINNIPEG, July 25 – The Canadian dollar finished sharply lower, losing more than half a cent relative to the US dollar on Friday. Positive US economic data helped to bolster the greenback, which in turn sparked a sell-off in the Canadian currency. Reports showed that orders for durable goods in […] Read more

By Commodity News Service Canada Winnipeg, July 25 – The Canadian dollar moved lower late Friday morning as the U.S. dollar strengthened amid geopolitical concerns and data showing a rebound in U.S. durable goods orders, analysts say. At 11:40 CDT Friday morning, the Canadian dollar fell 0.48 of a cent to US$0.9259 or US$1 = […] Read more

By Commodity News Service Canada Winnipeg, July 25 – The Canadian dollar was lower on Friday, as the U.S. dollar strengthened following the release of data showing a rebound in U.S. durable goods orders, analysts say. At 9:06 CDT Friday morning, the loonie dropped 0.19 of a cent to US$0.9288 or US$1 = C$1.0742 as […] Read more

By Commodity News Service Canada WINNIPEG, July 24 – The Canadian dollar finished weaker relative to the US dollar on Thursday, reacting to disappointing US housing data, analysts said. Sales of new homes in the US dropped by 8.1 per cent to 406,000 in June, which was below expectations. The drop in sales could hurt […] Read more

By Commodity News Service Canada Winnipeg, July 24 – The Canadian dollar moved slightly lower late Thursday morning as the International Monetary Fund (IMF) warned the domestic economy will slow alongside the global economy this year, analysts say. At 11:40 CDT Thursday morning, the loonie was down 0.11 of a cent to US$0.9309 or US$1 […] Read more

By Commodity News Service Canada Winnipeg, July 24 – The Canadian dollar was slightly higher Thursday morning amid rising metal prices and strong manufacturing reports, analysts say. At 9:01 CDT Thursday morning, the loonie was up 0.02 of a cent to US$0.9323 or US$1 = C$1.0741 amid an inadequate supply of domestic economic data, traders […] Read more

By Commodity News Service Canada WINNIPEG, July 23 – The Canadian dollar finished slightly higher relative to the US dollar on Wednesday, but was unable to break out of its recent narrow trading range. The Canadian dollar closed at US$0.9321 or US$1=C$1.0729 on Wednesday, which compares with Tuesday’s North American settlement of US$0.9314 or US$1=C$1.0736. […] Read more