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Mar. 8, 2017 at 4:18 pm CST

By Commodity News Service Canada WINNIPEG, March 8 – The Canadian dollar finished lower against its US counterpart on Wednesday, as a plunge in crude oil prices sank the commodity-linked currency. The price of a barrel of light sweet crude oil on the New York Mercantile Exchange declined by 5.53% […]

Mar. 8, 2017 at 9:28 am CST

By Commodity News Service Canada WINNIPEG, March 8 – The Canadian dollar was weaker against its US counterpart in early activity on Wednesday, as the commodity-linked loonie felt pressure from losses in the crude oil market. Crude futures declined with ideas that demand from China could be lower moving forward, […]

Mar. 7, 2017 at 4:20 pm CST

By Commodity News Service Canada WINNIPEG, March 7 – The Canadian dollar ended relatively flat against its US counterpart on Tuesday, as a lack of fresh domestic news left the loonie range-bound. Traders have adopted a slightly defensive position due to expectations that the US Federal Reserve will hike interest […]

Mar. 6, 2017 at 4:07 pm CST

By Commodity News Service Canada WINNIPEG, March 6 (CNS Canada) – The Canadian dollar settled near unchanged on Monday, as the currency saw some consolidation to start the week after posting large losses recently. The Canadian dollar closed at US$0.7460 or US$1=C$1.3404, which compares with Friday’s close of US$0.7459, or […]

Mar. 6, 2017 at 9:23 am CST

By Commodity News Service Canada WINNIPEG, March 6 – The Canadian dollar was slightly weaker against its US counterpart in early activity on Monday. The loonie was feeling pressure from ideas that the US Federal Reserve will raise interest rates at its meeting next week. At 9:13 CST Monday, the […]