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Dec. 9, 2014 at 3:45 pm CST

By Commodity News Service Canada WINNIPEG, Dec. 9 – The Canadian dollar ended stronger relative to the US dollar on Tuesday, seeing an upward correction following Monday’s sharp drop, analysts said. The Canadian dollar closed at US$0.8741 or US$1=C$1.1440 on Tuesday, which compares with Monday’s North American settlement of US$0.8709 […]

Dec. 9, 2014 at 11:52 am CST

By Commodity News Service Canada Winnipeg, Dec 9 – The Canadian dollar was stronger relative to the US dollar at midday Tuesday, seeing an upward correction following recent sharp declines, analysts said. At 11:45 CST Tuesday, the Canadian dollar was trading at US$0.8743 or US$1=C$1.1438, which compares with Monday’s North […]

Dec. 9, 2014 at 8:57 am CST

By Commodity News Service Canada Winnipeg, December 9 – The Canadian dollar corrected higher Tuesday after oil tumbled US$3 in yesterday’s session. At 8:40 CST Tuesday morning, the loonie was up 0.0027 of a cent to US$0.8737 or US$1 = C$1.1445. One question traders are hoping to see answered is […]

Dec. 8, 2014 at 11:49 am CST

By Commodity News Service Canada Winnipeg, December 8 – The Canadian dollar was weaker against its American counterpart at midday Monday, due to the slumping energy market. The loonie was at US$0.8716 or US$1 = C$1.1473 at 11:35 CST Monday morning. Prices for crude oil sank in the face of […]

Dec. 5, 2014 at 3:51 pm CST

By Commodity News Service Canada Winnipeg, December 5 – The Canadian dollar closed lower against its US counterpart on Friday, pressured by disappointing Canadian job numbers that caused the jobless rate to jump to 6.6%. Despite the disappointing numbers one analyst said the six-month moving average was “pretty decent”, according […]