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Mar. 14, 2017 at 4:14 pm CDT

By Commodity News Service Canada WINNIPEG, March 14 – The Canadian dollar declined against its US counterpart on Tuesday as crude oil prices were under pressure for the seventh day in a row. At one point the crude oil April contract was at US$47.72 per barrel, down significantly from a […]

Mar. 14, 2017 at 9:37 am CDT

By Commodity News Service Canada WINNIPEG, March 14 – The Canadian dollar was weaker against its US counterpart on Tuesday, pressured by the expectation for an American interest rate rise and losses in the crude oil market. The US Federal Reserve started its two-day policy meeting on Tuesday, which underpinned […]

Mar. 13, 2017 at 4:05 pm CDT

By Commodity News Service Canada WINNIPEG, March 13 (CNS Canada) – The Canadian dollar was slightly firmer on Monday, as currency traders square positions ahead of the US Federal Reserve interest rate announcement later in the week. The Canadian dollar closed at US$0.7436 or US$1=C$1.3447, which compares with Friday’s close […]

Mar. 13, 2017 at 9:12 am CDT

By Commodity News Service Canada WINNIPEG, March 13 – The Canadian dollar was mostly unchanged against its US counterpart in early activity on Monday. Losses in the crude oil market were bearish for the commodity-linked Canadian dollar. Advances in the US dollar were tempered in positioning ahead of a US […]

Mar. 10, 2017 at 4:06 pm CST

By Commodity News Service Canada WINNIPEG, March 10 – The Canadian dollar finished stronger against its US counterpart to end the week as rumours of a US rate hike started to appear more certain. A strong US labor report pushed the US dollar index lower and sent traders fleeing for […]