Currency Markets

By Commodity News Service Canada Winnipeg, May 15 – The Canadian dollar was slightly higher against its US counterpart Thursday morning as the loonie held onto momentum gained yesterday. Statistics Canada reported manufacturing sales were up 0.4% in March due to sales of plastics, machinery and food. This had a bullish influence on the dollar, […] Read more

By Commodity News Service Canada WINNIPEG, May 14 – The Canadian dollar closed firmer relative to the US dollar on Wednesday, following the advances seen in other commodity-linked currencies, including the New Zealand and Australian dollars, analysts said. The Canadian dollar closed at US$0.9189 or US$1=C$1.0882 on Wednesday, which compares with Tuesday’s North American settlement […] Read more

By Commodity News Service Canada Winnipeg, May 14 – The Canadian dollar was up slightly against its US counterpart at midday Wednesday, on the back of rising commodity prices. The TSX gold sector advanced one percent while June bullion jumped $10.20 to US$1,305 an ounce. The energy sector was up 0.38 per cent and the […] Read more

By Commodity News Service Canada Winnipeg, May 14 – The Canadian dollar was slightly firmer against its US counterpart Wednesday morning as traders waited for new data to push the loonie up or down. A report on Canadian manufacturing shipments is due out on Thursday. The Canadian dollar is currently locked in a tight trading […] Read more

By Commodity News Service Canada WINNIPEG, May 13 – The Canadian dollar eased relative to its US counterpart on Tuesday, undermined by broad strength in the value of the US dollar, analysts said. The Canadian dollar closed at US$0.9166 or US$1=C$1.0910 on Tuesday, which compares with Monday’s North American settlement of US$0.9177 or US$1=C$1.0897. The […] Read more

By Commodity News Service Canada Winnipeg, May 13 – The Canadian dollar was little changed against its US counterpart at midday Tuesday, after weaker-than-expected retail sales data from the US was offset by investor optimism about China. According to the US Department of Commerce, retail sales rose by 0.1% in April. That is down from […] Read more

By Commodity News Service Canada Winnipeg, May 13 – The Canadian dollar rose slightly against its US counterpart Tuesday morning after retail sales data from the United States came in weaker-than-expected. US retail sales rose 0.1% last month after a 1.5% surge in March. The June crude oil contract gained 64 cents to US$101.23 a […] Read more

By Commodity News Service Canada WINNIPEG, May 12 – The Canadian dollar was nearly unchanged relative to the US dollar on Monday, as traders were being cautious ahead of key US retail sales data, due out on Tuesday, brokers said. Traders were also looking ahead to Thursday’s US industrial production figures, as well as housing […] Read more

By Commodity News Service Canada Winnipeg, May 12 – The Canadian dollar was marginally higher against its US counterpart at midday Monday, after reports the Chinese government is preparing to widen market access. Copper prices jumped on the news China’s cabinet was agreeable to ideas of streamlining the approval process for initial public stock offerings. […] Read more

By Commodity News Service Canada Winnipeg, May 12 – The Canadian dollar rose against its US counterpart Monday morning on sideways trading as traders waited for a number of key economic and central bank releases, said analysts. US retail sales data is due out tomorrow while Statistics Canada is scheduled to release its March report […] Read more