Archives

Sep. 13, 2017 at 4:03 pm CDT

By Commodity News Service Canada WINNIPEG, Sept. 13 – A jump in oil prices sparked early gains in the Canadian dollar that were later brought back to earth as the dollar closed at 82.05 cents U.S. or C$1.2187. The loonie closed yesterday at 82.24 cents U.S. or C$1.2159. The Canadian […]

Sep. 13, 2017 at 8:52 am CDT

By Commodity News Service Canada WINNIPEG, Sept. 13 (CNS Canada) – The Royal Bank of Canada says it expects the Bank of Canada to raise its key lending rate again in October, following an increase to 1% from 0.75% earlier this month. However, it said the Canadian dollar is not […]

Sep. 12, 2017 at 3:57 pm CDT

By Commodity News Service Canada WINNIPEG, Sept. 12 – The Canadian dollar backed off from recent gains, falling relative to gains posted by the U.S. dollar and a general softening of Canada’s bond yield spread compared to the U.S. The U.S. dollar rose against a basket of currencies in the […]

Sep. 12, 2017 at 8:56 am CDT

By Commodity News Service Canada WINNIPEG, Sept. 12 (CNS Canada) – The Canadian dollar was trading at US$0.8230 at 8:30 CDT, or C$1.2151 per US$1. It closed Monday at US$0.8245 or C$1.2128. The loonie has strung together four straight weeks of gains, boosted last week by the Bank of Canada’s […]

Sep. 11, 2017 at 9:30 am CDT

By Commodity News Service Canada Winnipeg, September 11 – The Canadian dollar was relatively unchanged against its US counterpart on Monday morning, as traders searched for direction following a weekend of chaos in Florida due to Hurricane Irma. The loonie took strength from higher housing starts in August. According to […]