Currency Markets

By Commodity News Service Canada WINNIPEG, April 22 – The Canadian dollar closed slightly weaker relative to the US dollar on Tuesday. Better than expected US economic data was behind the softness in the loonie, said analysts. US government data showed that existing home sales dropped 0.2 per cent to an annual rate of 4.59 […] Read more

By Commodity News Service Canada Winnipeg, April 22 – The Canadian dollar moved down slightly against its US counterpart at midday Tuesday, as fresh data showed American existing-home sales fell at a higher rate than analysts had expected, strengthening the US dollar. US earnings data showed existing home sales fell 0.2% last month to an […] Read more

By Commodity News Service Canada Winnipeg, MB, April 22, 2014 – The Canadian dollar was up slightly against its US counterpart Tuesday morning as the loonie hung in a sideways trading pattern. Traders are waiting for the release of US jobless numbers and US durable-goods orders, both scheduled for Thursday, before any major price fluctuations […] Read more

By Commodity News Service Canada WINNIPEG, April 21 – The Canadian dollar was nearly unchanged against the US dollar on Monday, as a lack of fresh market moving news kept the currency in a narrow trading range, analysts said. The Canadian dollar closed at US$0.9079 or US$1=C$1.1015 on Monday, which compares with Thursday’s North American […] Read more

By Commodity News Service Canada Winnipeg, April 21 – The Canadian dollar was basically unchanged against its US counterpart at midday on Easter Monday, as a lack of domestic data kept prices steady in a thin marketplace. Gold dipped marginally while bond markets were up slightly. Despite a number of geopolitical events over the weekend, […] Read more

By Commodity News Service Canada Winnipeg, April 21 – The Canadian dollar was basically unchanged against the US dollar Monday morning as a lack of domestic data and quiet overnight trading consolidated the loonie. The Canadian dollar is expected to stay rangebound in the near term, said an analyst. A new poll by the Bank […] Read more

By Commodity News Service Canada WINNIPEG, April 17 – The Canadian dollar was little changed against the US dollar on Thursday, as investors were being cautious ahead of the long weekend. Markets in Canada and the US will be closed on April 18 for Good Friday. The Canadian dollar closed at US$0.9080 or US$1=C$1.1013 on […] Read more

By Commodity News Service Canada WINNIPEG, April 17 – The Canadian dollar was slightly firmer at midday Thursday, as better-than-expected inflation data provided some support for the currency. At 11:55 CDT, the Canadian dollar was trading at US$0.9088 or US$1=C$1.1004 which compares with Wednesday’s close of US$0.9076 or US$=C$1.1018. Canadian consumer prices rose at an […] Read more

By Commodity News Service Canada Winnipeg, April 17 – The Canadian dollar rose slightly against the US dollar Thursday morning on the strength of a Statistics Canada report which said inflation in March exceeded expectations on a year- over-year basis. According to the report, consumer prices rose by a rate of 1.5% in the year […] Read more

By Commodity News Service Canada Winnipeg, April 16 – The Canadian dollar fell against its US counterpart at midday Wednesday, as the Bank of Canada decided to hold the interest rate steady at 1%. The bank also dropped its first quarter growth forecast from 2.5 per cent to 1.5 per cent. Data in its quarterly […] Read more