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Feb. 6, 2014 at 8:47 am CST

By Commodity News Service Canada Winnipeg, February 6 – The Canadian dollar opened lower against its US counterpart on Thursday, undermined by weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, Canada’s trade deficit with the world widened to C$1.7 billion in December from C$1.5 billion in November. […]

Feb. 5, 2014 at 3:35 pm CST

By Commodity News Service Canada WINNIPEG, Feb. 5 – The Canadian dollar was nearly unchanged against the US dollar on Wednesday, as traders were being cautious ahead of the release of Canadian and US employment data on Friday, February 7, analysts said. Positioning ahead of a European Central Bank (ECB) […]

Feb. 5, 2014 at 11:29 am CST

By Commodity News Service Canada Winnipeg, February 5 – The Canadian dollar was weaker against its US counterpart at midday Wednesday, undermined by poor Canadian economic data, industry watchers said. According to Statistics Canada, building permits were down 4.1% to C$6.5 billion in December, following a 6.6% decline seen in […]

Feb. 5, 2014 at 8:42 am CST

By Commodity News Service Canada Winnipeg, February 5 – The Canadian dollar opened lower against its US counterpart on Wednesday, undermined by weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, building permits declined by 4.1% to C$6.5 billion in December, following a 6.6% decrease seen in November. […]

Feb. 4, 2014 at 3:27 pm CST

By Commodity News Service Canada WINNIPEG, Feb. 4 – The Canadian dollar firmed against the US dollar on Tuesday amid continued optimism that the US government may approve the Keystone XL Pipeline project, which would result in increased Canadian oil exports. The Canadian currency was at US$0.9026 or US$1=C$1.1079 at […]