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Oct. 31, 2014 at 3:45 pm CDT

By Commodity News Service Canada WINNIPEG, Oct. 31 – The Canadian dollar was sharply lower relative to the US dollar on Friday, reacting to news that Japan unexpectedly expanded their current stimulus program, analysts said. The Canadian dollar closed at US$0.8872 or US$1=C$1.1271 on Friday, which compares with Thursday’s North […]

Oct. 31, 2014 at 11:46 am CDT

By Commodity News Service Canada Winnipeg, Oct 31 – The Canadian dollar was sharply lower relative to the US dollar on Friday, reacting to disappointing Canadian economic data, analysts said. Statistics Canada said gross domestic product dropped 0.1 per cent last month, while pre-report expectations called for a flat reading. […]

Oct. 31, 2014 at 9:05 am CDT

By Commodity News Service Canada Winnipeg, October 31 – The Canadian dollar was lower against its US counterpart Friday morning, as weak economic data from August weighed on the market. New numbers show that Canada’s GDP rose by an annualized rate of 2.2 percent. That fell short of analysts’ projections […]

Oct. 30, 2014 at 3:44 pm CDT

By Commodity News Service Canada Winnipeg, Oct. 30 – Canadian dollar settled relatively steady on Thursday, as the currency market showed little reaction to updated GDP data out of the US. The Canadian currency late in the afternoon was quoted at US$0.8932 or US$1=C$1.1196. This compares with Wednesday’s North American […]

Oct. 29, 2014 at 9:03 am CDT

By Commodity News Service Canada WINNIPEG, Oct. 29 The Canadian dollar was stronger Wednesday morning, as the energy-linked currency was supported by rising crude oil prices. Positioning ahead of the US Federal Reserve interest rate announcement later in the day was also behind some of the activity in the currency […]