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Nov. 1, 2016 at 4:13 pm CDT

By Commodity News Service Canada WINNIPEG, November 1 – The Canadian dollar firmed against its US counterpart in the wake of comments by Bank of Canada governor Stephen Poloz. The BoC head indicated he wasn’t looking to hike the central bank’s inflation target because it would be too costly. Scotiabank […]

Nov. 1, 2016 at 8:45 am CDT

By Commodity News Service Canada WINNIPEG, November 1 – The Canadian dollar gained against its US counterpart in early activity on Tuesday, underpinned by advances in crude oil. Ideas that the US Federal Reserve will not be raising interest rates this month, due to the meeting’s close proximity to the […]

Oct. 31, 2016 at 10:08 am CDT

By Commodity News Service Canada Winnipeg, October 31 – The Canadian dollar was lower relative to its American counterpart Monday morning, following losses in crude oil and gold. At 9:57 CDT, the loonie was down 0.0022 of a cent to US$0.7453 or US$1=C$1.3326, which compares with Friday’s close of US$0.7472 […]

Oct. 28, 2016 at 3:48 pm CDT

By Commodity News Service Canada WINNIPEG, Oct. 28 (CNS Canada) – The Canadian dollar settled near unchanged on Friday, lacking any clear direction ahead of the weekend. The Canadian dollar closed at US$0.7472 or US$1=C$1.3384, which compares with Thursday’s close of US$0.7470, or US$1=C$1.3387. Losses in crude oil did put […]

Oct. 28, 2016 at 9:14 am CDT

By Commodity News Service Canada WINNIPEG, Oct. 28 (CNS Canada) The Canadian dollar was weaker Friday morning, with losses in crude oil behind some of the weakness. At 9:11 CDT Friday morning the Canadian dollar was at US$0.7463 or C$1.3399 which compares with Thursday’s North American close of US$0.7470 or […]