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Aug. 23, 2016 at 4:14 pm CDT

By Commodity News Service Canada WINNIPEG, August 23 – The Canadian dollar rebounded against its US counterpart Tuesday, as traders in the US went on a selling binge ahead of the US Federal Reserve Bank of Kansas City’s annual Economic Policy Symposium at Jackson Hole, Wyoming. The bank’s chairwoman, Janet […]

Aug. 23, 2016 at 9:13 am CDT

By Commodity News Service Canada WINNIPEG, August 23 (CNS Canada) The Canadian dollar strengthened against its US counterpart Tuesday morning, correcting higher after plunging with crude oil on Monday. The US dollar lost ground on Tuesday as investors await more information on whether the US Federal Reserve will raise interest […]

Aug. 22, 2016 at 4:15 pm CDT

By Commodity News Service Canada WINNIPEG, August 22 – The Canadian dollar fell against its US counterpart Monday, as oil prices slumped following an increase in the US rig count. Canadian wholesale trade rose for a third straight month though, which helped cushion the blow. The Canadian dollar closed at […]

Aug. 22, 2016 at 9:01 am CDT

By Commodity News Service Canada WINNIPEG, MB, August 22 (CNS Canada) The Canadian dollar weakened slightly against its US counterpart Monday morning, as crude oil fell its furthest in almost four weeks. Oil prices dropped almost three per cent as China ramped up exports of refined products, US producers added […]

Aug. 19, 2016 at 4:11 pm CDT

By Commodity News Service Canada WINNIPEG, August 19 – The Canadian dollar declined against its US counterpart Friday, due to disappointing domestic retail sales and inflation data. The news likely contributes to a further continuation of low interest rates, said analysts. Losses in gold contributed to the downside while gains […]