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Jan. 31, 2014 at 3:38 pm CST

By Commodity News Service Canada WINNIPEG, Jan. 31 – The Canadian dollar finished firmer on Friday, recovering after dropping to a four-and-a-half-year low earlier in the day. Traders were said to be covering their short positions ahead of the weekend, according to analysts. The Canadian currency closed at US$0.8978 or […]

Jan. 31, 2014 at 11:21 am CST

By Commodity News Service Canada Winnipeg, January 31 – The Canadian dollar was stronger against its US counterpart at midday Friday, underpinned by reports that Canada’s deficit shrank in November 2013, industry watchers said. According to the Finance Department, Canada posted a budget deficit of C$613 million, narrowing from C$1.7 […]

Jan. 31, 2014 at 8:35 am CST

By Commodity News Service Canada Winnipeg, January 31 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by unfavourable Canadian economic data, industry watchers said. According to Statistics Canada, the gross domestic product was up only 0.2% in November, which was slower than the 0.3% gain […]

Jan. 30, 2014 at 3:46 pm CST

By Commodity News Service Canada WINNIPEG, Jan. 30 – The Canadian dollar finished slightly firmer compared to the US dollar Thursday, seeing a recovery after dipping to four-and-a-half year lows during the overnight trading session, analysts said. The Canadian currency closed at US$0.8956 or US$1=C$1.1166 on Thursday, which compares with […]

Jan. 30, 2014 at 11:32 am CST

By Commodity News Service Canada Winnipeg, January 30 – The Canadian dollar was stronger against its US counterpart at midday Thursday, underpinned by favourable Canadian economic data, industry watchers said. According to Statistics Canada, the average weekly earnings of a non-farm payroll employee were up 0.9% in November to C$928. […]