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May. 26, 2016 at 4:20 pm CDT

By Commodity News Service Canada WINNIPEG, May 26 – The Canadian dollar rose higher against its US counterpart on Thursday, taking strength from gains in crude oil. The latest U.S. inventory numbers showed a 4.2 million barrel decline in oil stocks amid supply shortages in Canada and Nigeria. The Canadian […]

May. 26, 2016 at 9:25 am CDT

By Commodity News Service Canada WINNIPEG, May 26 (CNS Canada) – The Canadian dollar was stronger Thursday morning, as gains in crude oil provided some support. At 9:22 CDT Thursday morning the Canadian dollar was at US$0.7724 or C$1.2947 which compares with Wednesday’s North American close of US$0.7679 or C$1.3022. […]

May. 25, 2016 at 4:23 pm CDT

By Commodity News Service Canada WINNIPEG, May 25 – The Canadian dollar advanced against its US counterpart on Wednesday. The gains were realized after the Bank of Canada kept its monetary policy rate steady at 0.5%. The Bank of Canada said that global economic conditions remain accommodative, “with ongoing geopolitical […]

May. 25, 2016 at 8:58 am CDT

By Commodity News Service Canada Winnipeg, May 25 – The Canadian dollar was slightly higher against its American counterpart Wednesday morning, taking strength from gains in oil ahead of today’s Bank of Canada policy meeting. Most market-watchers expect the BoC to keep interest rates untouched after a wildfire in Fort […]

May. 24, 2016 at 4:24 pm CDT

By Commodity News Service Canada WINNIPEG, May 24 – The Canadian dollar ended slightly lower against its US counterpart on Tuesday, as traders tweaked positions ahead of Wednesday’s Bank of Canada’s monetary policy meeting. The Canadian dollar closed at US$0.7607 or US$1=C$1.3146, which compares with Friday’s close of US$0.7620, or […]