Archives

Jun. 16, 2016 at 3:49 pm CDT

By Commodity News Service Canada WINNIPEG, June 16 (CNS Canada) – The Canadian dollar was weaker on Thursday, as declines in crude oil weighed on the energy-linked currency. A generally stronger tone in the US dollar index following yesterday’s US Federal Reserve interest rate announcement also kept the Canadian currency […]

Jun. 16, 2016 at 9:23 am CDT

By Commodity News Service Canada WINNIPEG, June 16 (CNS Canada) The Canadian dollar weakened against its US counterpart Thursday morning, weighed down by lower oil prices. Oil prices hit their lowest in more than three weeks on Thursday after six straight days of losses. The drops come a week before […]

Jun. 15, 2016 at 4:20 pm CDT

By Commodity News Service Canada WINNIPEG, June 15 – The Canadian dollar fell against its American counterpart Wednesday as lower oil prices offset an early rise in value. The US Fed left interest rates alone Wednesday, meeting economists’ expectations and deflating some speculator interest. The Canadian dollar closed at US$0.7736 […]

Jun. 15, 2016 at 9:06 am CDT

By Commodity News Service Canada WINNIPEG,June 15 (CNS Canada) The Canadian dollar weakened slightly against its US counterpart Wednesday morning amid uncertainty over the looming referendum for Britain’s possible exit from the European Union (Brexit). Unanswered questions are raising concerns among investors, causing a selloff in stocks. Investors worry a […]

Jun. 14, 2016 at 3:48 pm CDT

By Commodity News Service Canada WINNIPEG, June 14 – The Canadian dollar suffered modest losses against its American counterpart Tuesday as lower oil prices weighed down the loonie. The Canadian dollar closed at US$0.7780 or US$1=C$1.2853, which compares with Monday’s close of US$0.7808, or US$1=C$1.2807. The Standard & Poor’s/TSX Composite […]