Currency Markets

By Commodity News Service Canada Winnipeg, March 14 – The Canadian dollar was weaker, dropping more than a third of a cent against the US dollar at 11:52 CDT Friday. Nervousness ahead of Sunday’s vote in Crimea had traders avoiding riskier assets, including the Canadian dollar, analysts said. Residents in the Crimea region of Ukraine […] Read more

By Commodity News Service Canada Winnipeg, March 14 – The Canadian dollar dipped slightly Friday morning as investors remained cautious in the face of a looming vote in Ukraine that could see residents of Crimea voting to join Russia. Statistics Canada released a quarterly report on the national balance sheet that shows the ratio of […] Read more

By Commodity News Service Canada WINNIPEG, March 13 – The Canadian dollar strengthened relative to the US dollar Thursday, lifted by the advances seen in currencies from New Zealand and Australia in overnight activity, analysts said. Canada’s dollar received support from the gains in Australia and New Zealand because all three currencies are linked to […] Read more

By Commodity News Service Canada Winnipeg, March 13 – The Canadian dollar was sharply higher against the US dollar at 11:44 CDT Thursday, lifted by improving risk sentiment, analysts said. At 11:55 CDT Thursday, the Canadian dollar was trading at US$0.9040, or US$1=C$1.1061, which compares with Wednesday’s North American close of US$0.8996, or US$=C$1.1116. Further […] Read more

By Commodity News Service Canada Winnipeg, March 13 – The Canadian dollar was up half a cent relative to its U.S. counterpart Thursday as positive economic signals in the U.S. retail sector were tempered by concerns over Chinese growth and strong gains by the Euro. Gold saw fresh gains as investors turned to it in […] Read more

By Commodity News Service Canada WINNIPEG, March 12 – The Canadian dollar was down slightly against the US dollar, closing just below 90 cents US on Wednesday. Ongoing concerns about economic growth in China sent commodity prices lower, and hurt risk sentiment, which in turn devalued the Canadian dollar. The Canadian dollar closed at US$0.8996 […] Read more

By Commodity News Service Canada Winnipeg, March 12 – The Canadian dollar dropped below 90 US cents at 11:39 CDT Wednesday, undermined by risk aversion due to concerns about Chinese economic growth. Data released over the weekend showed that exports dropped 18.1 per cent in February, slowing inflation in China. At 11:55 CDT Wednesday, the […] Read more

By Commodity News Service Canada Winnipeg March 12 – The Canadian dollar dropped below 90 cents US Wednesday in the face of worries over Chinese growth. New data showed Chinese exports dropping 18 per cent in February while officials approved a possible credit default. Weakening prices for copper and oil contributed to the pressure as […] Read more

By Commodity News Service Canada WINNIPEG, March 11 – The Canadian dollar closed nearly unchanged against the US dollar on Tuesday amid a lack of fresh news, analysts said. The Canadian dollar closed at US$0.9006 US$1=C$1.1103 on Tuesday, which compares with Monday’s North American settlement of US$0.9008 or US$=C$1.1101. Some support came from the advances […] Read more

By Commodity News Service Canada Winnipeg, March 11 – The Canadian dollar eased against the US dollar at 11:54 CDT Tuesday, lifted by news that Canada and South Korea signed a free-trade agreement, analysts said. At 11:54 CDT Tuesday, the Canadian dollar was trading at US$0.9014, or US$1=C$1.1109, which compares with Monday’s North American close […] Read more