Currency Markets

By Commodity News Service Canada WINNIPEG, April 25 – The Canadian dollar closed weaker relative to the US dollar on Friday amid a lack of risk sentiment due to ongoing worries about political problems in Ukraine and Russia, analysts said. The Canadian dollar closed at US$0.9061 or US$1=C$1.1036 on Friday, which compares with Thursday’s North […] Read more

By Commodity News Service Canada Winnipeg, April 25 – The Canadian dollar was down slightly against its US counterpart at midday Friday, as the turbulent situation in Ukraine backed off nervous investors. Canadian Oil Sands Ltd. lowered its production estimates during 2014 for the Syncrude Canada Oilsands site to between 95 million to 105 million […] Read more

By Commodity News Service Canada Winnipeg, April 25 – The Canadian dollar was virtually unchanged against its US counterpart Friday morning as investors waited to see how geo-political uncertainty in Ukraine will play out. The loonie is generally thought of as a risk-sensitive currency and will sometimes experience selling pressure at times like this, said […] Read more

By Commodity News Service Canada Winnipeg, April 25 – The Canadian dollar was virtually unchanged against its US counterpart Friday morning as investors waited to see how geo-political uncertainty in Ukraine will play out. The loonie is generally thought of as a risk-sensitive currency and will sometimes experience selling pressure at times like this, said […] Read more

By Commodity News Service Canada WINNIPEG, April 24 – The Canadian dollar closed fractionally firmer relative to the US dollar on Thursday, keeping within its recent narrow trading range. The Canadian dollar closed at US$0.9068 or US$1=C$1.1028 on Thursday, which compares with Wednesday’s North American settlement of US$0.9064 or US$1=C$1.1032. Support came from a statement […] Read more

By Commodity News Service Canada Winnipeg, April 24 – The Canadian dollar was unchanged against its US counterpart at midday Thursday, as it consolidated amid mixed news for Canadian consumers. Information showing spending was up in February after declining in January reinforced earlier estimates of slow growth in the first quarter, said an analyst. Any […] Read more

By Commodity News Service Canada Winnipeg, April 24 – The Canadian dollar was virtually unchanged against its US counterpart Thursday morning as investors waited to hear a speech from Bank of Canada Governor Stephen Poloz. Poloz will give a speech on the economy in Saskatoon, Saskatchewan this afternoon. The Potash Corporation of Saskatchewan posted quarterly […] Read more

By Commodity News Service Canada WINNIPEG, April 23 – The Canadian dollar closed fractionally softer relative to the US dollar on Wednesday, undermined by disappointing Chinese economic data, analysts said. The Canadian dollar closed at US$0.9064 or US$1=C$1.1032 on Wednesday, which compares with Tuesday’s North American settlement of US$0.9068 or US$1=C$1.1028. Broad strength in the […] Read more

By Commodity News Service Canada Winnipeg, April 23 – The Canadian dollar was unchanged against its US counterpart at midday Wednesday, due to a lack of domestic data. The release of quarterly results from tech giants Facebook and Apple, as well as the release of Canadian retail sales data could change that, according to an […] Read more

By Commodity News Service Canada Winnipeg, April 23 – The Canadian dollar was down slightly against its US counterpart Wednesday morning as investors waited for fresh domestic sales reports. Canadian retail sales data for February is expected to be released today. Early estimates call for retail sales to show a 0.5% rise but a miss […] Read more