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Apr. 1, 2016 at 3:57 pm CDT

By Commodity News Service Canada WINNIPEG, April 1 – The Canadian dollar inched downward against its US counterpart on Friday, following lower crude oil prices and robust US labour data. The American greenback rallied on the back of US nonfarm payroll figures which rose 215,000 in March. The Canadian dollar […]

Apr. 1, 2016 at 9:02 am CDT

By Commodity News Service Canada Winnipeg, April 1 – The Canadian dollar dropped against its American counterpart Friday morning, tracking losses in crude oil. Crude prices weakened on news that Saudi Arabia does not intend to slash oil production unless fellow exporter Iran follows suit. One of Canada’s largest energy […]

Mar. 31, 2016 at 4:18 pm CDT

By Commodity News Service Canada WINNIPEG, March 31 – The Canadian dollar declined against its US counterpart on Thursday, retreating slightly from the five-month high it reached on Wednesday. The losses were tempered by strong Canadian GDP data, an analyst said. The Canadian dollar closed at US$0.7700 or US$1 = […]

Mar. 31, 2016 at 8:55 am CDT

By Commodity News Service Canada Winnipeg, March 31 – The Canadian dollar rose against its American counterpart Thursday morning, taking strength from advances in gold issues. As well, the loonie took direction from a report that showed Canada’s real gross domestic product climbed 0.6 percent in the month of January. […]

Mar. 30, 2016 at 4:23 pm CDT

By Commodity News Service Canada WINNIPEG, March 30 – The Canadian dollar rose above 77 cents, relative to its US counterpart, on Wednesday. The sharp rise came on the heels of comments by US Federal Chairwoman Janet Yellen, who on Tuesday, said the central bank only intended to adjust interest […]