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Sep. 2, 2014 at 12:00 pm CDT

By Commodity News Service Canada Winnipeg, September 2 – The Canadian dollar was weaker against its US counterpart at midday Tuesday, as traders waited to head a scheduled announcement on interest rates by the Bank of Canada. The central bank is widely expected to leave rates unchanged at one percent. […]

Aug. 29, 2014 at 3:40 pm CDT

By Commodity News Service Canada WINNIPEG, August 29 – The Canadian dollar was weaker on Friday, dropping back below the 92 cents US mark. The currency was consolidating after reaching a one-month high earlier in the day, and a head of the long weekend, analysts said. Canadian and US markets […]

Aug. 29, 2014 at 12:01 pm CDT

By Commodity News Service Canada Winnipeg, August 29 – The Canadian dollar was slightly weaker against its US counterpart at midday Friday, as the American greenback gained strength due to signs of economic crisis in Europe. Inflation within Euro-bearing countries slumped to 0.3 percent, the lowest amount since October of […]

Aug. 29, 2014 at 9:24 am CDT

By Commodity News Service Canada Winnipeg, August 29 – The Canadian was higher on Friday as data showed that the economy grew more than expected in the second quarter, analysts say. At 9:16 CDT Friday morning, the loonie was up 0.08 of a cent to US$0.9227 or US$1 = C$1.0857 […]

Aug. 28, 2014 at 3:37 pm CDT

By Commodity News Service Canada WINNIPEG, August 28 – The Canadian dollar was slightly higher relative to the US dollar on Thursday, continuing to find support from recent news that US fast food chain Burger King is purchasing Canadian company Tim Hortons, analysts said. The Canadian dollar closed at US$0.9219 […]