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Dec. 1, 2016 at 3:38 pm CST

By Commodity News Service Canada WINNIPEG, December 1 – The Canadian dollar rose against its US counterpart on Thursday due to higher oil prices. Analysts are now waiting for Canadian labour data numbers, which are due to be released tomorrow. The Canadian dollar closed at C$0.7509 or US$1.3317, compared to […]

Dec. 1, 2016 at 9:15 am CST

By Commodity News Service Canada WINNIPEG, December 1 – The Canadian dollar continued to advance against its US counterpart in early activity on Thursday, propped up by strength in crude oil. New York Mercantile crude oil futures were higher Thursday morning, supported by an OPEC (Organization of the Petroleum Exporting […]

Nov. 30, 2016 at 4:18 pm CST

By Commodity News Service Canada WINNIPEG, November 30 – The Canadian dollar inched higher against its US counterpart on Wednesday. Both the loonie and American greenback took strength from surging crude oil prices. Some analysts speculate inflation and interest rates could increase in the months ahead if crude retains its […]

Nov. 30, 2016 at 9:24 am CST

By Commodity News Service Canada WINNIPEG, November 30 – The Canadian dollar advanced against its US counterpart in early activity on Wednesday, propped up by gains in crude oil. New York Mercantile crude oil futures gained more than seven per cent Wednesday morning, buoyed by early reports that OPEC (Organization […]

Nov. 29, 2016 at 4:10 pm CST

By Commodity News Service Canada WINNIPEG, November 29 – The Canadian dollar dipped against its US counterpart on Tuesday, tracking declines in crude oil prices. Investors are worried a deal to limit oil production by OPEC may not happen at a meeting on Wednesday. The Canadian dollar closed at C$0.7442 […]