Currency Markets

By Commodity News Service Canada Winnipeg, May 6 – The Canadian dollar rose against its US counterpart Tuesday morning on data that showed the country’s February goods trade surplus exceeded earlier projections. The February surplus was keyed in at C$847 million from the previous estimate of a C$290 million goods, said analysts. The June gold […] Read more

By Commodity News Service Canada WINNIPEG, May 5 – The Canadian dollar firmed against the US dollar on Monday amid quiet trade due to holidays in Japan and other places in the world, analysts said. The Canadian dollar closed at US$0.9131 or US$1=C$1.0952 on Monday, which compares with Friday’s North American settlement of US$0.9107 or […] Read more

By Commodity News Service Canada Winnipeg, May 5 – The Canadian dollar was up slightly against its US counterpart at midday Monday, as signs indicate the US economy is doing better in the second quarter. The Institute for Supply Management’s non-manufacturing index advanced to 55.2%. That’s up from the March reading of 53.1%. Economists had […] Read more

By Commodity News Service Canada Winnipeg, May 5 – The Canadian dollar was down slightly against its US counterpart Monday morning on concerns over Chinese manufacturing data and the deteriorating situation in Ukraine. The HSBC index shows Chinese manufacturing declined in April for the fourth consecutive month. Investors will be keenly watching tomorrow for the […] Read more

By Commodity News Service Canada WINNIPEG, May 2 – The Canadian dollar eased against the US dollar on Friday, undermined by better than expected US jobs data, analysts said. US government data showed that 288,000 new jobs were created during the month of April, beating expectations of 200,000 to 215,000 new US jobs. However, spillover […] Read more

By Commodity News Service Canada Winnipeg, May 2 – The Canadian dollar was marginally lower against its US counterpart at midday Friday, as better-than-expected jobs data in the US pushed the American greenback higher and kept many traders on the sidelines. TransCanada Corp. shares were up three cents to C$51.21 as the company told investors […] Read more

By Commodity News Service Canada Winnipeg, May 2 – The Canadian dollar was down slightly against its US counterpart Friday morning as a better than expected April US jobs report put pressure on the loonie. The report said the US economy generated 288,000 jobs during the month of April. That exceeded forecasts by analysts who […] Read more

By Commodity News Service Canada WINNIPEG, May 1 – The Canadian dollar closed nearly unchanged against the US dollar on Thursday, as traders were being cautious ahead of Friday’s US jobs data, analysts said. The Canadian dollar closed at US$0.9123 or US$1=C$1.0961 on Thursday, which compares with Wednesday’s North American settlement of US$0.9124 or US$1=C$1.0960. […] Read more

By Commodity News Service Canada Winnipeg, May 1 – The Canadian dollar was little changed against its US counterpart at midday Thursday, as North American earnings results underwhelmed investors on a muted day of trading. Unemployment applications in the US rose 14% last week, the highest mark since February and a worrying sign just a […] Read more

By Commodity News Service Canada Winnipeg, May 1 – The Canadian dollar was down slightly against its US counterpart Thursday morning as investors waited to see US jobs data and manufacturing information due to be released tomorrow. The loonie is range-bound as markets in Europe and Asia, widely closed for the May Day holiday, have […] Read more