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Jan. 23, 2014 at 8:50 am CST

By Commodity News Service Canada Winnipeg, January 23 – The Canadian dollar opened weaker against its US counterpart on Thursday, falling below 90 US cents amid Wednesday’s dovish Bank of Canada policy announcement, industry watchers said. Further weakness came after the US dollar was finally able to settle above resistance […]

Jan. 22, 2014 at 3:41 pm CST

By Commodity News Service Canada WINNIPEG, Jan. 22 – The Canadian dollar closed sharply lower, losing almost a full cent against the US dollar on Wednesday. A dovish Bank of Canada (BoC) policy announcement sparked the downward price slide, analysts said. The BoC left interest rates unchanged, but said it […]

Jan. 22, 2014 at 11:27 am CST

By Commodity News Service Canada Winnipeg, MB, January 22, 2014 (CNS Canada) – The Canadian dollar was down over three-quarters of a cent against its US counterpart at midday Wednesday, undermined by the Bank of Canada’s (BoC) dovish interest rate announcement, industry watchers said. According to the BoC, inflation is […]

Jan. 22, 2014 at 8:37 am CST

By Commodity News Service Canada Winnipeg, January 22 – The Canadian dollar opened slightly stronger against its US counterpart on Wednesday, as traders position themselves ahead of the Bank of Canada’s interest rate announcement at 9:00 CST, industry watchers said. The loonie found some strength from the US dollar’s inability […]

Jan. 21, 2014 at 3:44 pm CST

By Commodity News Service Canada WINNIPEG, Jan. 21 – The Canadian dollar closed lower against the US dollar on Tuesday, as speculation that the US Federal Reserve will start to cut stimulus further weighed on the currency, analysts said. The Canadian currency closed at US$0.9114 or US$1=C$1.0972 on Tuesday, which […]