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Aug. 6, 2014 at 3:36 pm CDT

By Commodity News Service Canada WINNIPEG, August 6 – The Canadian dollar was up sharply relative to the US dollar on Wednesday, underpinned by positive Canadian trade data, analysts said. According to Statistics Canada, Canada’s trade surplus jumped to C$1.9 billion in June, from a revised C$576 million in May. […]

Aug. 6, 2014 at 11:58 am CDT

By Commodity News Service Canada Winnipeg, August 6 – The Canadian dollar was higher against its US counterpart at midday Wednesday, as Statistics Canada reported the country’s trade surplus rose to C$1.9 billion in June. Surging energy exports are credited as being the main driver behind the surplus. Exports of […]

Aug. 6, 2014 at 9:12 am CDT

By Commodity News Service Canada Winnipeg, August 6 – The Canadian dollar was slightly higher on Wednesday as a much better than expected trade report trumped geopolitical concerns, analysts say. At 9:00 CDT Wednesday morning, the loonie was up 0.04 of a cent to US$0.9128 = US$1 = C$1.0970 as […]

Aug. 5, 2014 at 3:41 pm CDT

By Commodity News Service Canada WINNIPEG, August 5 – The Canadian dollar finished sharply lower relative to the US dollar on Tuesday, undermined by spillover pressure from weakness seen in crude oil prices, analysts said. The Canadian dollar closed at US$0.9124 or US$1=C$1.0960 on Tuesday, which compares with Friday’s North […]

Aug. 5, 2014 at 11:56 am CDT

By Commodity News Service Canada Winnipeg, August 5 – The Canadian dollar was lower against its US counterpart at midday Tuesday, on softening commodity news and lukewarm global economic data. Service industries in China grew at the slowest rate last month since November of 2005. The sluggish rate is due […]