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Sep. 7, 2016 at 4:23 pm CDT

By Commodity News Service Canada WINNIPEG, September 7 – The Canadian dollar weakened against its US counterpart Wednesday, on the heels of bearish comments from the Bank of Canada. BoC Governor Stephen Poloz said the current economic conditions didn’t warrant a change to the benchmark interest rate. The Canadian dollar […]

Sep. 7, 2016 at 9:11 am CDT

By Commodity News Service Canada WINNIPEG, MB, September 7, 2016 (CNS Canada) The Canadian dollar strengthened against its US counterpart Wednesday morning, rising with crude oil prices. Oil rose on Wednesday, making up for some of the previous day’s losses with the help of a weaker US dollar, which also […]

Sep. 6, 2016 at 4:21 pm CDT

By Commodity News Service Canada WINNIPEG, September 6 – The Canadian dollar finished higher against its US counterpart Tuesday, taking strength from last week’s US labour data which was considered bearish. However, weakness in energy prices could be a precursor to downside trouble in the coming days, according to a […]

Sep. 6, 2016 at 9:10 am CDT

By Commodity News Service Canada WINNIPEG, September 6 (CNS Canada) The Canadian dollar strengthened against its US counterpart Tuesday morning, still benefiting from lackluster US data. Investors continued to weigh the chances of the US Federal Reserve raising interest rates following lower-than-expected employment data, weighing on the greenback and providing […]

Sep. 2, 2016 at 2:56 pm CDT

By Commodity News Service Canada WINNIPEG, Sept. 2 (CNS Canada) – The Canadian dollar was stronger near close on Friday, gaining the most in five weeks with support from bullish trade data and advances in crude oil. Canada’s exports increased 3.4 per cent to C$42.7 billion in July, Statistics Canada […]