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May. 12, 2014 at 11:55 am CDT

By Commodity News Service Canada Winnipeg, May 12 – The Canadian dollar was marginally higher against its US counterpart at midday Monday, after reports the Chinese government is preparing to widen market access. Copper prices jumped on the news China’s cabinet was agreeable to ideas of streamlining the approval process […]

May. 12, 2014 at 9:08 am CDT

By Commodity News Service Canada Winnipeg, May 12 – The Canadian dollar rose against its US counterpart Monday morning on sideways trading as traders waited for a number of key economic and central bank releases, said analysts. US retail sales data is due out tomorrow while Statistics Canada is scheduled […]

May. 9, 2014 at 3:43 pm CDT

By Commodity News Service Canada WINNIPEG, May 9 – The Canadian dollar was weaker relative to the US dollar on Friday, undermined by disappointing Canadian employment data, analysts said. Statistics Canada said the economy lost 28,600 jobs in April, while expectations called for 13,500 new jobs to be added. The […]

May. 9, 2014 at 12:10 pm CDT

By Commodity News Service Canada Winnipeg, May 9 – The Canadian dollar fell against its US counterpart at midday Friday, as poor news on the Canadian labour front and slips in the financial sector, dragged the loonie lower. Numbers released by Statistics Canada show the Canadian economy lost 28,900 jobs […]

May. 9, 2014 at 9:00 am CDT

By Commodity News Service Canada Winnipeg, May 9 – The Canadian dollar fell against its US counterpart Friday morning after weaker-than-expected data from the Canadian labour market underwhelmed investors. Canada lost 28,600 jobs in April while the jobless rate stayed consistent at 6.9%, according to Statistics Canada. The TSX is […]