Currency Markets

By Commodity News Service Canada Winnipeg, April 7 – The Canadian dollar was up slightly against its US counterpart at midday Monday, as questions remain about the state of the Canadian economy. The Bank of Canada’s quarterly survey showed company confidence was the highest it’s been in two years. However the report says many companies […] Read more

By Commodity News Service Canada Winnipeg, April 7 – The Canadian dollar fell slightly Monday morning as investors waited to see the Bank of Canada’s quarterly business outlook. The report is reviewed closely for its potential impact on the policy direction for Canada’s central bank. RBC’s one-month economic surprise index for Canada is at its […] Read more

By Commodity News Service Canada WINNIPEG, April 4 – The Canadian dollar finished stronger relative to the US dollar on Friday, lifted by positive Canadian employment data, analysts said. According to Statistics Canada, 43,000 new jobs were created in Canada during the month of March, while the unemployment rate dropped to 6.9 per cent, from […] Read more

By Commodity News Service Canada WINNIPEG, April 4- The Canadian dollar was stronger Friday morning, moving back above 91 US cents as employment data beat expectations. At 11:53 CDT, the Canadian dollar was trading at US$0.9109 or US$1=C$1.0978 which compares with Thursday’s close of US$0.9059 or US$=C$1.1039. The Canadian economy created 43,000 jobs in March […] Read more

By Commodity News Service Canada WINNIPEG, April 3 – The Canadian dollar finished flat against the US dollar for the second consecutive day on Thursday. Traders continued to be cautious ahead of the release of key Canadian and US employment data on Friday, analysts said. Expectations call for Canadian employment figures to show 22,500 new […] Read more

By Commodity News Service Canada WINNIPEG, April 3 – The Canadian dollar was holding relatively steady at midday Thursday, as the market reacted to conflicting domestic and US trade data. At 11:54 CDT, the Canadian dollar was trading at US$0.9057 or US$1=C$1.1041 which was steady with Wednesday’s close of US$0.9062 or US$=C$1.1035. Canada reported a […] Read more

By Commodity News Service Canada Winnipeg, April 3 – The Canadian dollar rose slightly Thursday morning as new information showed the country reported a small trade surplus in February. The C$290 million surplus was above expectations and a potential signal the improving US economy is helping Canadian exporters, an analyst said. Canadian exports to the […] Read more

By Commodity News Service Canada WINNIPEG, April 2 – The Canadian dollar finished with little change relative to the US dollar on Wednesday, as traders were being cautious ahead of the release of key data later this week. On Thursday, Statistics Canada will release Canadian trade data for February, while employment data from both Canada […] Read more

By Commodity News Service Canada Winnipeg, April 2 – The Canadian dollar was unchanged against its US counterpart at midday Wednesday, as positive data about the US economy failed to sway the market. Automatic Data Processing Inc. said US companies had accelerated their employment numbers in March, adding an estimated 191,000 jobs. The June gold […] Read more

By Commodity News Service Canada Winnipeg, April 2 – The Canadian dollar was mostly unchanged Wednesday morning, due to a lack of internal domestic data. The loonie is fixed on external developments in the absence of any major Canadian announcements scheduled for Wednesday. The Canadian dollar has gained more than 2% against its American counterpart […] Read more