Currency Markets

By Commodity News Service Canada Winnipeg, June 4 – The Canadian dollar was lower against its US counterpart at midday Wednesday, as the Bank of Canada kept the key interest rate unchanged at one percent. The rate has been at that mark since September of 2010, and the central bank indicated it has no plans […] Read more

By Commodity News Service Canada Winnipeg, June 4 – The Canadian dollar was slightly lower Wednesday morning, as investors prepared for what is widely expected to be a slightly dovish outlook from the Bank of Canada. The central bank is expected to leave its key rate at one percent, where it’s been since September of […] Read more

By Commodity News Service Canada WINNIPEG, June 3 – The Canadian dollar ended lower relative to the US dollar on Tuesday, as traders were being cautious ahead of Wednesday’s Bank of Canada policy announcement, analysts said. The trade generally expects the Bank of Canada will keep interest rates unchanged at one per cent. The Canadian […] Read more

By Commodity News Service Canada Winnipeg, June 3 – The Canadian dollar was moderately lower against its US counterpart at midday Tuesday, as markets speculated about what message the Bank of Canada will deliver on Wednesday. The policy rate currently sits at 1.00% and is not expected to change. Traders will be looking for comments […] Read more

By Commodity News Service Canada Winnipeg, June 3 – The Canadian dollar was slightly lower Tuesday morning, as an upcoming meeting of the central bank kept trading within a narrow range. The Bank of Canada is holding a meeting on Wednesday to discuss the policy rate. It is widely expected the rate will stay at […] Read more

By Commodity News Service Canada WINNIPEG, June 2 – The Canadian dollar ended lower relative to the US dollar on Monday, as traders were less willing to take on riskier assets ahead of a key Bank of Canada announcement later this week, analysts said. The Bank of Canada releases its latest policy statement on Wednesday, […] Read more

By Commodity News Service Canada Winnipeg, June 2 – The Canadian dollar was lower against its US counterpart at midday Monday, as traders awaited a decision by the Treasury Board on whether or not to adjust the interest rate. The rate currently sits at 1.00% and is not expected to change. However investors are keenly […] Read more

By Commodity News Service Canada Winnipeg, June 2 – The Canadian dollar was lower Monday morning, as investors moved to the US dollar ahead just two days before the Bank of Canada delivers its next announcement on interest rates. The central bank is expected to keep the rate steady at 1.00%, but investors will be […] Read more

By Commodity News Service Canada WINNIPEG, May 30 – The Canadian dollar ended slightly softer compared to the US dollar on Friday, with some weakness linked to disappointing Canadian growth data, analysts said. According to Statistics Canada, real gross domestic product (GDP) rose 0.3 per cent in the first quarter 2014, following 0.7 per cent […] Read more

By Commodity News Service Canada Winnipeg, May 30 – The Canadian dollar was lower against its US counterpart at midday Friday, as economic growth numbers for the first quarter failed to live up to expectations. Statistics Canada said the country’s GDP rose 1.2% in the first quarter, well below initial estimates of 1.8%. On a […] Read more