Archives

Jan. 9, 2014 at 8:50 am CST

By Commodity News Service Canada Winnipeg, January 9 – The Canadian dollar opened weaker against its US counterpart on Thursday, undermined by weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, building permits were down for the first time in the past three months during November, dropping 6.7% […]

Jan. 8, 2014 at 3:40 pm CST

By Commodity News Service Canada WINNIPEG, Jan. 8 – The Canadian dollar closed a third of a cent lower on Wednesday, hitting a fresh three-year low in the process. This comes after the currency dropped more than a cent against the US dollar on Tuesday. Positive US employment data was […]

Jan. 8, 2014 at 11:25 am CST

By Commodity News Service Canada Winnipeg, January 8 – The Canadian dollar was weaker against its US counterpart at midday Wednesday, falling to a new 44-month low earlier in the session amid better-than-expected US economic data, industry watchers said. According to an Automatic Data Processing Inc. (ADP) report, private sector […]

Jan. 8, 2014 at 8:44 am CST

By Commodity News Service Canada Winnipeg, January 8 – The Canadian dollar opened weaker against its US counterpart on Wednesday, falling to a new 44-month low amid stronger-than-expected US economic data, industry watchers said. According to an Automatic Data Processing Inc. (ADP) report, US private sector jobs increased by 238,000 […]

Jan. 7, 2014 at 3:38 pm CST

By Commodity News Service Canada WINNIPEG, Jan. 7 – The Canadian dollar closed sharply lower on Tuesday, losing more than a cent against its US counterpart. The Canadian dollar’s drop was linked to a combination of disappointing Canadian trade data, and surprisingly strong trade data from the US, analysts said. […]