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May. 22, 2014 at 8:55 am CDT

By Commodity News Service Canada Winnipeg, May 22 – The Canadian dollar was little changed against its US counterpart Thursday morning, as it shrugged off disappointing retail-sales data. Statistics Canada reported retail sales in March fell 0.1% on weaker demand for cars and clothes. On a year-over-year basis however, retail […]

May. 21, 2014 at 3:45 pm CDT

By Commodity News Service Canada WINNIPEG, May 21 – The Canadian dollar closed lower relative to the US dollar on Wednesday. Broad strength in the value of the US dollar was behind the Canadian dollar’s weakness, analysts said. The Canadian dollar closed at US$0.9162 or US$1=C$1.0915 on Wednesday, which compares […]

May. 21, 2014 at 11:54 am CDT

By Commodity News Service Canada Winnipeg, May 21 – The Canadian dollar was lower against its US counterpart at midday Wednesday, due to a decline in metal prices. The July copper contract fell two cents to US$3.12 a pound, while June gold faded $4.50 to US$1,290.10 an ounce. July crude […]

May. 21, 2014 at 8:51 am CDT

By Commodity News Service Canada Winnipeg, May 21 – The Canadian dollar was slightly lower against its US counterpart Wednesday morning as investors waited to hear the minutes from the US Federal Reserve’s latest meeting. US Federal Reserve Chairwoman Janet Yellen, Kansas City Fed President Esther George and Minneapolis Fed […]

May. 20, 2014 at 3:45 pm CDT

By Commodity News Service Canada WINNIPEG, May 20 – The Canadian dollar eased against the US dollar on Tuesday, undermined by disappointing Canadian wholesale sales data, analysts said. According to Statistics Canada, wholesale sales decreased by 0.4 per cent to C$50.5 billion in March 2014, following advances seen in both […]