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Canadian Dollar And Business Outlook

Jun. 7, 2016 at 8:58 am CDT

By Commodity News Service Canada WINNIPEG, MB, June 7, 2016 (CNS Canada) The Canadian dollar strengthened against its US counterpart Tuesday morning, staying in sync with the prices of oil, zinc and other commodities as they strengthened. The currency also continued to respond to US Federal Reserve chair Janet Yellen’s […]

Canadian Financial Close: Loonie rises after comments by Fed

Jun. 6, 2016 at 4:22 pm CDT

Jun. 6, 2016 at 9:17 am CDT

Canadian Financial Close: CDN metals rise boosting TSX

Jun. 3, 2016 at 4:08 pm CDT

Canadian Dollar And Business Outlook

Jun. 3, 2016 at 8:58 am CDT

Canadian Financial Close: C$ falters ahead of payroll data

Jun. 2, 2016 at 4:06 pm CDT

By Commodity News Service Canada WINNIPEG, June 2 – The Canadian dollar finished slightly lower against its US counterpart ahead of Friday’s release of U.S. nonfarm payrolls. The Canadian dollar closed at US$0.7631 or US$1=C$1.3105, which compares with Wednesday’s close of US$0.7653, or US$1=C$1.3067. The Standard & Poor’s/TSX Composite Index […]

Canadian dollar and business outlook

Jun. 2, 2016 at 9:31 am CDT

By Commodity News Service Canada WINNIPEG, June 2 (CNS Canada) The Canadian dollar was weaker against its US counterpart Thursday morning, falling with favourable US data. US jobless claims in the week ended May 28 fell by 1,000 to sit at a seasonally adjusted 267,000. The good news suggests the […]

Canadian Financial Close: C$ improves with manufacturing

Jun. 1, 2016 at 4:23 pm CDT

By Commodity News Service Canada WINNIPEG, June 1 – The Canadian dollar rose against its US counterpart on Wednesday following the release of bullish manufacturing data. The Institute for Supply Management pegged the manufacturing activity index at 51.3 in May, which was higher than many market-watchers had been expecting. The […]

Canadian dollar and business outlook

Jun. 1, 2016 at 9:43 am CDT

By Commodity News Service Canada WINNIPEG, June 1 (CNS Canada) The Canadian dollar weakened against its US counterpart Wednesday morning, taking a slight hit due to falling crude oil prices and weak factory data from China. Oil prices fell on expectations of OPEC (Organization of Petroleum Exporting Countries) inaction on […]

Canadian Financial Close: C$ falters with poor economic data

May. 31, 2016 at 4:12 pm CDT

By Commodity News Service Canada WINNIPEG, May 31 – The Canadian dollar declined against its US counterpart on Tuesday as news of sputtering economic growth in Canada led investors to the sidelines. Lower oil prices were also bearish. The Canadian dollar closed at US$0.7628 or US$1=C$1.3110, which compares with Monday’s […]