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Aug. 16, 2016 at 3:36 pm CDT

By Commodity News Service Canada WINNIPEG, Aug. 16 (CNS Canada) – The Canadian dollar strengthened relative to its US counterpart on Tuesday, as gains in crude oil and favourable economic data provided support. Canadian factory sales were up by 0.8 per cent in June, according to Statistics Canada. The rise […]

Aug. 16, 2016 at 9:08 am CDT

By Commodity News Service Canada WINNIPEG, August 16 (CNS Canada) The Canadian dollar strengthened against its US counterpart Tuesday morning, extending six straight sessions of gains. The surge in oil prices, boosted by talk that Saudi Arabia could be open to efforts to curb the global supply glut, has supported […]

Aug. 15, 2016 at 4:18 pm CDT

By Commodity News Service Canada WINNIPEG, August 15 – The Canadian dollar rose against its US counterpart for the fifth consecutive session on Monday. The loonie benefited from higher energy prices. Crude oil jumped 3.2% as speculation grew that a cut in global production could be on the way. The […]

Aug. 15, 2016 at 9:01 am CDT

By Commodity News Service Canada WINNIPEG, August 15 (CNS Canada) The Canadian dollar strengthened against its US counterpart Monday morning, rising with crude oil prices and weak US data. Oil prices fluctuated in choppy trading over the past weeks, remaining around the US$47 point as investors speculated that oil producers […]

Aug. 12, 2016 at 4:22 pm CDT

By Commodity News Service Canada WINNIPEG, August 12 – The Canadian dollar rose against its US counterpart on Friday, taking strength from higher oil price and retail sales data. The Canadian dollar closed at US$0.7715 or US$1=C$1.2962, which compares with Thursday’s close of US$0.7704, or US$1=C$1.2962. The S&P/TSX Composite Index […]