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Jan. 19, 2017 at 4:16 pm CST

By Commodity News Service Canada WINNIPEG, January 19 – The Canadian dollar corrected higher against its US counterpart Thursday, taking strength from gains in crude oil. Investors are keenly watching for the release of inflation data and retail-sales information on Friday. The looming inauguration of US President-elect Donald Trump is […]

Jan. 19, 2017 at 9:17 am CST

By Commodity News Service Canada WINNIPEG, Jan. 19 (CNS Canada) The Canadian dollar was weaker Thursday morning, seeing some follow-through selling after Wednesday’s sharp declines. At 9:14 CST Thursday morning the Canadian dollar was at US$0.7522 or C$1.3294 which compares with Wednesday’s North American close of US$0.7542 or C$1.3259. The […]

Jan. 18, 2017 at 3:58 pm CST

By Commodity News Service Canada WINNIPEG, January 18 – The Canadian dollar dropped against its US counterpart Wednesday after the Bank of Canada hinted at a possible rate cut. The Canadian dollar closed at C$0.7542 or US$1=C$1.3259, compared to Tuesday’s close of C$0.7658 or US$1=C$1.3058. The S&P/TSX Composite Index fell […]

Jan. 18, 2017 at 9:02 am CST

By Commodity News Service Canada WINNIPEG, Jan. 18 (CNS Canada) The Canadian dollar was slightly weaker Wednesday morning, as the currency saw a modest correction ahead of the Bank of Canada’s policy announcement. At 8:58 CST Wednesday morning the Canadian dollar was at US$0.7632 or C$1.3103 which compares with Tuesday’s […]

Jan. 17, 2017 at 4:14 pm CST

By Commodity News Service Canada WINNIPEG, January 17 – The Canadian dollar rose against its US counterpart Tuesday after US President-elect Donald Trump told the Wall Street Journal the American greenback was “too strong.” Investors are keenly waiting for tomorrow’s Bank of Canada meeting when the issue of whether or […]