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May. 11, 2016 at 4:22 pm CDT

By Commodity News Service Canada WINNIPEG, May 11 – The Canadian dollar advanced against its US counterpart on Wednesday, taking strength from firmer oil prices. Traders are also looking forward to Friday when the US is scheduled to release key retail sales data. The Canadian dollar closed at US$0.7781 or […]

May. 11, 2016 at 8:50 am CDT

By Commodity News Service Canada WINNIPEG, May 11 The Canadian dollar gained ground against its US counterpart on Wednesday, supported by slight gains in crude oil and ahead of US crude inventory data. US crude supply data is expected to be released later on Wednesday. Some advance estimates say there […]

May. 10, 2016 at 4:19 pm CDT

By Commodity News Service Canada WINNIPEG, May 10 – The Canadian dollar chalked up gains against its US counterpart on Tuesday, for the first time in four sessions, as gains in oil pushed stocks higher. Production slowdowns in Nigeria and Alberta have helped to reduce the glut of crude oil […]

May. 10, 2016 at 8:54 am CDT

By Commodity News Service Canada WINNIPEG, May 10 The Canadian dollar gained back ground against its US counterpart on Tuesday, supported by stronger crude oil prices. Slightly stronger consumer price index data out of China was also supportive for commodity-linked currencies, like the loonie. At 8:43 a.m. CDT, the Canadian […]

May. 9, 2016 at 4:14 pm CDT

By Commodity News Service Canada WINNIPEG, May 9 – The Canadian dollar ended lower against its US counterpart on Monday due to weakness in oil prices. Fresh housing data may have helped temper the gains somewhat. Housing starts in the country largely met industry projections. The Canadian dollar closed at […]