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Feb. 24, 2014 at 11:10 am CST

By Commodity News Service Canada WINNIPEG, Feb. 24 – The Canadian dollar was stronger Monday morning, trading back above the 90 US cent level as the currency saw a bit of a correction. At 11:07 CST, the Canadian dollar was trading at US$0.9043 or US$1=C$1.1058 which compares with Friday’s close […]

Feb. 21, 2014 at 3:44 pm CST

By Commodity News Service Canada WINNIPEG, Feb. 21 – The Canadian dollar moved lower, dropping below the 90 cents US mark on Friday amidst disappointing Canadian retail sales data, analysts said. Canadian retail sales dropped 1.8 per cent on an annualized basis in January, much below expectations calling for just […]

Feb. 21, 2014 at 8:34 am CST

By Commodity News Service Canada WINNIPEG, February 21 The Canadian dollar was down sharply against the US dollar after the release of disappointing Canadian retail sales data Friday morning. Statistics Canada reported that retail sales dropped 1.8 per cent in December, while economists expected a decline of only 0.4 per […]

Feb. 20, 2014 at 3:39 pm CST

By Commodity News Service Canada WINNIPEG, Feb. 20 – The Canadian dollar eased against the US dollar on Thursday, with disappointing Chinese economic data behind some of the softness, analysts said. HSBC’s monthly purchasing managers’ index for China fell to 48.3 in February, from 49.5 in January, preliminary data showed. […]

Feb. 20, 2014 at 11:46 am CST

By Commodity News Service Canada WINNIPEG, Feb. 20 – The Canadian dollar was weaker at midday Thursday, seeing a continuation of Wednesday’s move lower as soft Chinese economic data put some pressure on the currency. At 11:45 CST, the Canadian dollar was trading at US$0.9007 or US$1=C$1.1102 which compares with […]