Currency Markets

By Commodity News Service Canada Winnipeg, January 22 – The Canadian dollar opened slightly stronger against its US counterpart on Wednesday, as traders position themselves ahead of the Bank of Canada’s interest rate announcement at 9:00 CST, industry watchers said. The loonie found some strength from the US dollar’s inability to settle above resistance at […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 21 – The Canadian dollar closed lower against the US dollar on Tuesday, as speculation that the US Federal Reserve will start to cut stimulus further weighed on the currency, analysts said. The Canadian currency closed at US$0.9114 or US$1=C$1.0972 on Tuesday, which compares with Monday’s North American […] Read more

By Commodity News Service Canada Winnipeg, January 21 – The Canadian dollar was weaker against its US counterpart at midday Tuesday, as traders position themselves ahead of Wednesday’s Bank of Canada interest rate announcement, industry watchers said. Some of the downward pressure came from a Wall Street Journal report that said the US Federal Reserve […] Read more

By Commodity News Service Canada Winnipeg, January 21 – The Canadian dollar opened weaker against its US counterpart on Tuesday, as it continued to trade in a narrow range ahead of Wednesday’s Bank of Canada interest rate announcement, industry watchers said. Some downward pressure came from a Wall Street Journal report that said the US […] Read more

By Commodity News Service Canada WINNIPEG, Jan. 20 – The Canadian dollar closed higher amid quiet activity on Monday, as the US markets were all closed to observe Martin Luther King Jr. Day. The Canadian currency’s strength was linked to ideas that recent losses were overdone, analysts said. The Canadian currency closed at US$0.9132 or […] Read more

By Commodity News Service Canada Winnipeg, January 20 – The Canadian dollar was stronger against its US counterpart at midday Monday, reversing some of last week’s losses amid quiet trading due to the Martin Luther King Jr. Day federal holiday in the US, industry watchers said. The loonie was given a boost by the US […] Read more

By Commodity News Service Canada Winnipeg, January 20 – The Canadian dollar opened stronger against its US counterpart on Monday, reversing some of last week’s losses as US markets are closed due to the Martin Luther King Day federal holiday, industry watchers said. The loonie was strengthened by the US dollar’s inability to break through […] Read more

By Commodity News Service Canada Winnipeg, January 17 – The Canadian dollar closed lower against its US counterpart on Friday, as the US dollar once again moved towards resistance seen at the key technical level of C$1.1000, market watchers said. Losses seen in commodities, including copper and crude oil, added to the bearish tone. Traders […] Read more

By Commodity News Service Canada Winnipeg, January 17 – The Canadian dollar was weaker against its US counterpart at midday Friday, as the US dollar once again moved towards resistance seen at the key technical level of C$1.1000, market watchers said. Losses seen in commodities, including copper and crude oil, added to the bearish tone. […] Read more

By Commodity News Service Canada Winnipeg, MB, January 17, 2014 (CNS Canada) – The Canadian dollar opened weaker against its US counterpart on Friday, as the US dollar once again moved towards resistance seen at the key technical level of C$1.1000, industry watchers said. Losses seen in commodities, including crude oil and copper, added to […] Read more