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Jan. 22, 2016 at 4:15 pm CST

By Commodity News Service Canada WINNIPEG, January 22 – The Canadian dollar continued to strengthen against the US dollar Friday. Favourable domestic data and improving oil prices boosted the loonie to end the week. The Canadian dollar closed at US$0.7067 or US$1 = C$1.4150. The TSX jumped Friday, buoyed by […]

Jan. 22, 2016 at 8:52 am CST

By Commodity News Service Canada WINNIPEG, Jan. 22 The Canadian dollar was stronger Friday morning, as a rally in crude oil provided support for the energy-linked currency. At 8:49 CST Friday morning the Canadian dollar was at US$0.7052 or C$1.4180 which compares with Thursday’s North American close of US$0.7003 or […]

Jan. 21, 2016 at 4:14 pm CST

By Commodity News Service Canada WINNIPEG, January 21 – The Canadian dollar posted its biggest move upward against the US dollar in recent memory on Thursday. The surge was credited to higher oil prices, a spike in equity markets and short-covering by investors. The Canadian dollar closed at US$0.7003 or […]

Jan. 21, 2016 at 9:07 am CST

By Commodity News Service Canada WINNIPEG – The Canadian dollar was stronger Thursday morning, as the currency continued to see a correction off of its nearby lows relative to the US dollar. At 9:04 CST Thursday morning the Canadian dollar was at US$0.6956 or C$1.4376 which compares with Wednesday’s North […]

Jan. 20, 2016 at 4:23 pm CST

By Commodity News Service Canada WINNIPEG, January 20 – The Canadian dollar posted advances against its US counterpart Wednesday in the wake of the Bank of Canada’s decision not to raise the interest rate. The central bank kept its policy steady at 0.50%. The Canadian dollar closed at US$0.6901 or […]