Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Feb. 20 – The Canadian dollar was weaker at midday Thursday, seeing a continuation of Wednesday’s move lower as soft Chinese economic data put some pressure on the currency. At 11:45 CST, the Canadian dollar was trading at US$0.9007 or US$1=C$1.1102 which compares with Wednesday’s close of US$0.9024 or […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 20 The Canadian dollar was little changed compared to the US dollar Thursday morning, as the market was consolidating following Wednesday’s sharp drop, analysts said. At 8:45 CST Thursday the Canadian dollar was at US$0.9022 or US$=C$1.1084, which compares with Wednesday’s North American close of US$0.9024 or US$=C$1.1082. […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Feb. 19 – The Canadian dollar moved sharply lower on Wednesday, losing more than a cent against the US dollar. The Canadian dollar closed at US$0.9024 or US$1=C$1.1082 on Wednesday, which compares with Tuesday’s North American settlement of US$0.9132 or US$=C$1.0951. Disappointing wholesale sales data, which highlighted weakness in […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, February 19 The Canadian dollar was sharply lower against the US dollar Wednesday morning, undermined by disappointing Canadian economic data, analysts said. According to Statistics Canada, wholesale sales dropped 1.4 per cent, to C$49.6 billion in December. Sales were at their lowest level in six months, StatsCan added. At […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Feb. 18 – The Canadian dollar moved higher against the US dollar after Statistics Canada released its international transactions in securities report for December Tuesday morning. Statistics Canada reported that foreign investors reduced their holdings of Canadian securities by C$4.3 billion in December. The Canadian dollar closed at US$0.9132 […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Feb. 18 The Canadian dollar was stronger against the US dollar following the release of Canadian securities investment data Tuesday morning. Statistics Canada reported that foreign investors reduced their holdings of Canadian securities by C$4.3 billion in December. At 8:46 CST Tuesday the Canadian dollar was at US$0.9123 or […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Feb. 14 – The Canadian dollar moved fractionally lower against the US dollar on Friday, as traders were being cautious ahead of the long weekend. Canadian and US markets will both be closed on Monday for holidays. The Canadian dollar closed at US$0.9105 or US$1=C$1.0983 on Friday, which compares […] Read more

Reading Time: < 1 minute By Commodity News Service Canada Winnipeg, February 14 – The Canadian dollar was slightly weaker against its US counterpart at midday Friday, undermined by disappointing Canadian economic data, industry watchers said. According to Statistics Canada, manufacturing sales were down 0.9% in December, which was well below trade expectations of a flat reading. It was also […] Read more

Reading Time: < 1 minute By Commodity News Service Canada Winnipeg, February 14 – The Canadian dollar opened slightly lower against its US counterpart on Friday, undermined by weaker-than- expected Canadian economic data, industry watchers said. According to Statistics Canada, manufacturing sales were down 0.9% in December, which marks the first decrease in sales since August 2013. Economists were expecting […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Feb. 13 – The Canadian dollar strengthened against the US dollar on Thursday, lifted by disappointing US retail sales data, analysts said. The US government reported retail sales declined by 0.4 per cent in January, while expectations called for a 0.3 per cent drop. The Canadian dollar closed at […] Read more