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Jan. 22, 2015 at 3:46 pm CST

By Commodity News Service Canada WINNIPEG, Jan. 22 – The Canadian dollar continued to plummet against the US dollar on Thursday, reacting to ongoing worries about slow global economic growth, analysts said. On Thursday, the European Central Bank announced it will be implementing a stimulus program that will include buying […]

Jan. 22, 2015 at 11:46 am CST

By Commodity News Service Canada Winnipeg, January 22 – The Canadian dollar continued to ease relative to the US dollar at midday Thursday, with the Bank of Canada’s surprise decision to cut interest rates on Wednesday behind the weakness. The Bank of Canada unexpectedly cut its key interest rate to […]

Jan. 22, 2015 at 9:24 am CST

By Commodity News Service Canada WINNIPEG, Jan. 22 – The Canadian dollar was weaker Thursday morning, as the currency continued to react to Wednesday’s Bank of Canada interest rate cut. At 9:19 CST Thursday morning the Canadian dollar was at US$0.8091 or C$1.2359 which compares with Wednesday’s North American close […]

Jan. 21, 2015 at 3:40 pm CST

By Commodity News Service Canada WINNIPEG, Jan. 21 – The Canadian dollar plummeted on Wednesday, dropping more than one and half cents against the US dollar, just a day after falling a penny. The main driving force was the unexpected announcement that the Bank of Canada is cutting key interest […]

Jan. 21, 2015 at 11:46 am CST

By Commodity News Service Canada Winnipeg, January 21 – The Canadian dollar saw enormous losses on Wednesday, dropping nearly two full cents against the US dollar, just a day after dropping a penny. The Canadian dollar’s losses were linked to news that the Bank of Canada unexpectedly cut its key […]