Canadian forex review: C$ closes near unchanged

Reading Time: < 1 minute 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

Canadian forex midday: C$ firms

Reading Time: < 1 minute 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


Canadian Dollar And Business Outlook

Reading Time: < 1 minute By Commodity News Service Canada Winnipeg, March 11 – The Canadian dollar opened Tuesday relatively unchanged against its US counterpart, as markets remained cautious in the face of international tensions between Russia and Ukraine. The Canadian government has announced a free-trade deal with South Korea, one that promises to eventually eliminate most tariffs. However some […] Read more

Canadian forex review: C$ closes lower

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 10 – The Canadian dollar closed lower against its US counterpart on Monday, following weak commodity prices due to disappointing Chinese trade data, analysts said. The Canadian dollar closed at US$0.9008 US$1=C$1.1101 on Monday, which compares with Friday’s North American settlement of US$0.9017 or US$=C$1.1090. Friday’s Statistics Canada […] Read more


Canadian forex midday: C$ eases

Reading Time: < 1 minute By Commodity News Service Canada Winnipeg, March 10 – The Canadian dollar eased against the US dollar at 11:39 CDT Monday, following the declines seen in crude oil values due to disappointing Chinese trade data, analysts said. At 11:39 CDT Monday, the Canadian dollar was trading at US$0.9004, or US$1=C$1.1106, which compares with Friday’s North […] Read more

Canadian Dollar And Business Outlook

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 10 – The Canadian dollar was slightly weaker Monday morning, as a generally softer tone in the equity and commodity markets weighed on the currency. At 9:04 CDT Monday morning the Canadian dollar was at US$0.9011 or C$1.1098 which compares with Friday’s North American close of US$0.9017, or […] Read more


Canadian forex review: C$ down sharply

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 7 – The Canadian dollar closed sharply lower against the US dollar, undermined by disappointing Canadian employment data paired with positive US jobs figures, analysts said. Statistics Canada reported that 7,000 jobs were lost in Canada during the month of February, while the unemployment rate remained steady at […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 7 The Canadian dollar was down sharply against the US dollar Friday morning, undermined by disappointing Canadian employment data, analysts said. Statistics Canada reported that 7,000 jobs were lost in Canada during the month of February, while the unemployment rate remained steady at 7 per cent. Expectations called […] Read more


Canadian forex review: C$ closes stronger

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 6 – The Canadian dollar closed stronger against the US dollar on Thursday, settling just below the 91 cents US mark. The Canadian dollar closed at US$0.9098 or US$1=C$1.0992 on Thursday, which compares with Wednesday’s North American settlement of US$0.9060 r US$=C$1.1038. A broad sell-off in the US […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, March 6 The Canadian dollar firmed against the US dollar Thursday morning, lifted by strong Canadian housing data, analysts said. Statistics Canada reported the total value of building permits issued by Canadian municipalities rose 8.5 per cent to C$7 billion in January. Expectations called for a 1.7 per cent […] Read more