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Aug. 2, 2016 at 4:14 pm CDT

By Commodity News Service Canada WINNIPEG, August 2 – The Canadian dollar chalked up modest gains against its US counterpart on Tuesday. Advances in gold added to the upside. The Canadian dollar closed at US$0.7632 or US$1=C$1.3102, which compares with Thursday’s close of US$0.7598, or US$1=C$1.3161. The S&P/TSX Composite Index […]

Jul. 29, 2016 at 3:34 pm CDT

By Commodity News Service Canada WINNIPEG, July 29 (CNS Canada) – The Canadian dollar was sharply stronger relative to its US counterpart on Friday, as the currency pair reacted to weak US economic data. US gross domestic product data came in below expectations, which triggered a selloff in the US […]

Jul. 29, 2016 at 8:56 am CDT

By Commodity News Service Canada WINNIPEG, July 29 (CNS Canada) The Canadian dollar strengthened slightly against its US counterpart Friday morning, supported by favourable Canadian data. Canada’s industrial product price index rose 0.6 per cent in June, according to Statistics Canada. Market expectations were for the index to rise by […]

Jul. 28, 2016 at 4:11 pm CDT

By Commodity News Service Canada WINNIPEG, July 28 – The Canadian dollar strengthened slightly against its US counterpart. Traders were adjusting positions in advance of Friday’s Canadian GDP report. The Canadian dollar closed at US$0.7598 or US$1=C$1.3161, which compares with Wednesday’s close of US$0.7581, or US$1=C$1.3191. The S&P/TSX Composite Index […]

Jul. 28, 2016 at 9:05 am CDT

By Commodity News Service Canada WINNIPEG, July 28 (CNS Canada) The Canadian dollar strengthened slightly against its US counterpart Thursday morning, supported by favourable Canadian data. Average weekly earnings of nonfarm payroll employees in Canada rose 0.9 per cent in May from a year earlier, edging up 0.2 per cent […]