Archives

May. 18, 2016 at 4:23 pm CDT

By Commodity News Service Canada WINNIPEG, May 18 – The Canadian dollar ended lower against its US counterpart on Wednesday, in the wake of the release of minutes from the Federal Open Market Committee meeting. The papers show that US federal officials believe a rate hike is inevitable if economic […]

May. 18, 2016 at 8:57 am CDT

By Commodity News Service Canada WINNIPEG, May 18 The Canadian dollar lost ground against its US counterpart on Wednesday, as one US Fed official has said he will push for an interest rate increase, and crude oil prices moved lower. A US Federal Reserve official has said he will encourage […]

May. 17, 2016 at 4:20 pm CDT

By Commodity News Service Canada WINNIPEG, May 17 – The Canadian dollar ended relatively flat against its US counterpart on Tuesday, as stronger oil prices were offset by US economic data. The consumer-price index rose 0.4% in the US in April over the previous month, which was the biggest monthly […]

May. 17, 2016 at 8:48 am CDT

By Commodity News Service Canada WINNIPEG, May 17 The Canadian dollar lost ground against its US counterpart on Tuesday, as the greenback gained on bullish domestic data. US consumer price inflation and housing starts gained in April, outpacing analyst expectations, which gave the country’s currency a boost. At 8:40 a.m. […]

May. 16, 2016 at 4:14 pm CDT

By Commodity News Service Canada WINNIPEG, May 16 – The Canadian dollar ended higher against its US counterpart on Monday, as investors rallied behind a surge in oil prices. Traders may also have been adjusting their positions ahead of Tuesday’s release of March manufacturing sales data. The Canadian dollar closed […]