Archives

Jun. 2, 2014 at 3:58 pm CDT

By Commodity News Service Canada WINNIPEG, June 2 – The Canadian dollar ended lower relative to the US dollar on Monday, as traders were less willing to take on riskier assets ahead of a key Bank of Canada announcement later this week, analysts said. The Bank of Canada releases its […]

Jun. 2, 2014 at 12:03 pm CDT

By Commodity News Service Canada Winnipeg, June 2 – The Canadian dollar was lower against its US counterpart at midday Monday, as traders awaited a decision by the Treasury Board on whether or not to adjust the interest rate. The rate currently sits at 1.00% and is not expected to […]

Jun. 2, 2014 at 9:02 am CDT

By Commodity News Service Canada Winnipeg, June 2 – The Canadian dollar was lower Monday morning, as investors moved to the US dollar ahead just two days before the Bank of Canada delivers its next announcement on interest rates. The central bank is expected to keep the rate steady at […]

May. 30, 2014 at 3:46 pm CDT

By Commodity News Service Canada WINNIPEG, May 30 – The Canadian dollar ended slightly softer compared to the US dollar on Friday, with some weakness linked to disappointing Canadian growth data, analysts said. According to Statistics Canada, real gross domestic product (GDP) rose 0.3 per cent in the first quarter […]

May. 30, 2014 at 11:46 am CDT

By Commodity News Service Canada Winnipeg, May 30 – The Canadian dollar was lower against its US counterpart at midday Friday, as economic growth numbers for the first quarter failed to live up to expectations. Statistics Canada said the country’s GDP rose 1.2% in the first quarter, well below initial […]