Currency Markets

By Commodity News Service Canada WINNIPEG, July 22 – The Canadian dollar moved fractionally lower relative to the US dollar on Tuesday. Traders were being cautious ahead of Wednesday’s Canadian retail sales data, the biggest economic indicator of the week, analysts said. The Canadian dollar closed at US$0.9320 or US$1=C$1.0730 on Tuesday, which compares with […] Read more

By Commodity News Service Canada Winnipeg, July 22 – The Canadian dollar was lower Tuesday as U.S. inflation figures for June came in as expected, analysts say. At 11:40 CDT, the Canadian dollar was trading at US$0.9306 or US$1 = C$1.0745, down 0.14 of a cent from yesterday’s close. This was off early lows as […] Read more

By Commodity News Service Canada Winnipeg, July 22 – The Canadian dollar was lower on Tuesday as U.S. inflation figures for June came in as expected, analysts say. AT 9:16 CDT Tuesday morning, the loonie was at US$0.9307 or US$1 = C$1.0737, up 0.13 of a cent from Monday’s close. This was off early lows […] Read more

By Commodity News Service Canada WINNIPEG, July 21 – The Canadian dollar moved slightly higher relative to the US dollar on Monday, lifted by spillover support from the gains seen in gold and crude oil prices, analysts said. The Canadian dollar closed at US$0.9320 or US$1=C$1.0730 on Monday, which compares with Friday’s North American settlement […] Read more

By Commodity News Service Canada Winnipeg, July 21 – The Canadian dollar was slightly lower on Monday due to rising geopolitical concerns, analysts say. At 9:16 CDT Monday morning, the loonie was down 0.06 of a cent to US$0.9310 or US$1 = C$1.0737. Traders were assessing the potential of additional sanctions levied against Russia for […] Read more

By Commodity News Service Canada WINNIPEG, July 18 – The Canadian dollar moved higher relative to the US dollar ahead of the weekend on Friday. Positive Canadian inflation data helped to underpin the Canadian currency, analysts said. Statistics Canada reported the consumer price index was up 0.1 per cent in June, beating expectations of a […] Read more

By Commodity News Service Canada Winnipeg, July 18 – The Canadian dollar was slightly higher against its US counterpart at midday Friday, as new data showed inflationary pressures were higher than expected. Statistics Canada said the Consumer Price Index rose by 0.1 percent during June despite suggestions it was due for a slight dip. Markets […] Read more

By Commodity News Service Canada Winnipeg, July 18 – The Canadian dollar was higher on Friday, despite geopolitical concerns amid higher than expected inflation pressures, analysts say. At 9:10 CDT Friday morning, the loonie was up 0.29 of a cent to US$0.9324 or US$1 = C$1.0753, as Statistics Canada reported that the consumer price index […] Read more

By Commodity News Service Canada WINNIPEG, July 17 – The Canadian dollar eased slightly against the US dollar on Thursday, with traders being cautious ahead of upcoming inflation data, analysts said. The Canadian dollar closed at US$0.9295 or US$1=C$1.0758 on Thursday, which compares with Wednesday’s North American settlement of US$0.9306 or US$1=C$1.0746. An unwillingness to […] Read more

By Commodity News Service Canada Winnipeg, July 17 – The Canadian dollar was little changed against its US counterpart at midday Thursday, as traders stayed largely on the sidelines in the wake of a diplomatic row between Russia and the US. Two Russian energy companies, eight weapons firms and two powerful financial groups are now […] Read more