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Jun. 6, 2014 at 8:55 am CDT

By Commodity News Service Canada Winnipeg, June 6 – The Canadian dollar was slightly lower Friday morning, on the back of lukewarm employment data from both Canada and the US. According to Statistics Canada, the country added 25,800 jobs in May, but the unemployment rate moved higher to 7.0% from […]

Jun. 5, 2014 at 3:55 pm CDT

By Commodity News Service Canada WINNIPEG, June 5 – The Canadian dollar ended firmer relative to the US dollar on Thursday, seeing a recovery following recent losses, analysts said. The Canadian dollar closed at US$0.9150 or US$1=C$1.0929 on Thursday, which compares with Wednesday’s North American settlement of US$0.9142 or US$1=C$1.0939. […]

Jun. 5, 2014 at 11:59 am CDT

By Commodity News Service Canada Winnipeg, June 5 – The Canadian dollar was slightly higher against its US counterpart at midday Thursday, as a rise in the base metals group helped offset a weak energy sector. The gold sector led advancers, up 1.7% as the August contract climbed $10.80 to […]

Jun. 5, 2014 at 8:47 am CDT

By Commodity News Service Canada Winnipeg, June 5 – The Canadian dollar was little changed Thursday morning, as new data showed that Canadian building permits in April rose at a disappointing 1.1%. Analysts had expected an increase of 1.4%. Traders are now looking ahead to Friday’s release of the US […]

Jun. 4, 2014 at 3:48 pm CDT

By Commodity News Service Canada WINNIPEG, June 4 – The Canadian dollar ended lower relative to the US dollar on Wednesday, reacting to the Bank of Canada’s decision to remain dovish and keep interest rates unchanged, analysts said. The Canadian dollar closed at US$0.9142 or US$1=C$1.0939 on Wednesday, which compares […]