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Jun. 23, 2014 at 3:41 pm CDT

By Commodity News Service Canada WINNIPEG, June 23 – The Canadian dollar continued to climb higher against the US dollar on Monday, seeing some follow-through buying on Friday’s sharp rally, analysts said. Better than expected Canadian inflation data released on Friday continued to be supportive for the Canadian dollar, as […]

Jun. 23, 2014 at 11:37 am CDT

By Commodity News Service Canada Winnipeg, June 23 – The Canadian dollar jumped higher against its US counterpart at midday Monday, on word China’s manufacturing industry was moving into expansion mode. The move upwards was also brought about by speculation the Bank of Canada might move interest rates higher sooner […]

Jun. 23, 2014 at 9:41 am CDT

By Commodity News Service Canada Winnipeg, June 23 The Canadian dollar was higher on Monday due to mixed economic news from Asia and Europe, analysts say. At 9:23 CDT Monday morning, the Canadian dollar rose to a five month high of US$0.9315 or US$ = C$1.0766, up from Friday’s close […]

Jun. 20, 2014 at 3:36 pm CDT

By Commodity News Service Canada WINNIPEG, June 20 – The Canadian dollar closed sharply higher relative to the US dollar, hitting the 93 cents US mark for the first time in months. Much of the strength was linked to better than expected Canadian inflation data, which could cause the Bank […]

Jun. 20, 2014 at 11:57 am CDT

By Commodity News Service Canada Winnipeg, June 20 – The Canadian dollar jumped higher against its US counterpart at midday Friday, on word Canada’s inflation rate rose higher than expected last month. The 2.3% rise in May was a result of strong energy prices. Statistics Canada reported that retail sales […]