Currency Markets

By Commodity News Service Canada Winnipeg, April 10 – The Canadian dollar eased against the US dollar at 11:45 CDT Thursday, undermined by disappointing Chinese trade data, analysts said. Reports showed that exports out of China dropped 6.6 per cent compared to a year ago, falling below expectations that exports would see slight growth. Imports […] Read more

By Commodity News Service Canada WINNIPEG, April 10 The Canadian dollar was weaker Thursday morning, seeing a modest correction following recent gains relative to its US counterpart. At 9:04 CDT Monday morning the Canadian dollar was at US$0.9166 or C$1.0910 which compares with Wednesday’s North American close of US$0.9198, or C$1.0872. Chinese trade data released […] Read more

By Commodity News Service Canada WINNIPEG, April 9 – The Canadian dollar continued to firm relative to the US dollar on Wednesday, closing just below 92 cents US. A broad sell-off in the US dollar, after the release of US Federal Reserve minutes from last month’s meeting were dovish, helped the Canadian dollar move higher, […] Read more

By Commodity News Service Canada Winnipeg, April 9 – The Canadian dollar was up slightly against its US counterpart at midday Wednesday, as investors waited for the mid-afternoon release of the US Federal Reserve’s March policy meeting. Trading in Canadian bonds was also muted. Part of that was due to a general lack of domestic […] Read more

By Commodity News Service Canada Winnipeg, April 9 – The Canadian dollar dipped slightly Wednesday morning as traders looked for a stronger sense of direction in the lead-up to the release of the Federal Reserve’s minutes from their March meeting. The US dollar should see buying interest if the minutes back up the hawkish tone […] Read more

By Commodity News Service Canada Winnipeg, April 8 – The Toronto Stock Exchange (TSX) ended higher Tuesday, as rising prices in both the energy and metal sectors boosted resource issues. Key commodity prices shot up to their highest points in weeks as the TSX surged by triple digits. Crude oil prices rose as renewed tensions […] Read more

By Commodity News Service Canada WINNIPEG, April 8 – The Canadian dollar strengthened relative to the US dollar on Tuesday, reacting to the broad weakness in the US dollar, sparked by concerns about political problems in Ukraine, analysts said. The Canadian dollar closed at US$0.9156 or US$1=C$1.0922 on Tuesday, which compares with Monday’s North American […] Read more

By Commodity News Service Canada Winnipeg, April 8 – The Canadian dollar continued to climb against its US counterpart at midday Tuesday, as the effects of the Quebec election bolstered investors’ confidence. Monday night’s election moved the separatist Parti Quebecois’s objectives off the political landscape. The Bank of Japan’s decision to leave its monetary policy […] Read more

By Commodity News Service Canada Winnipeg, April 8 – The Canadian dollar rose a third of a cent Tuesday morning, on the strength of the Quebec election which saw the separatist Bloc Quebecois voted out of power. In domestic data, a report from the Canada Mortgage and Housing Corp. said March housing starts dropped to […] Read more

By Commodity News Service Canada WINNIPEG, April 7 – The Canadian dollar finished firmer relative to the US dollar on Monday, reacting to a positive report from the Bank of Canada, analysts said. The Bank of Canada released their quarterly business outlook survey, which revealed that the 100 firms who were surveyed last month showed […] Read more