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Dec. 23, 2013 at 8:48 am CST

By Commodity News Service Canada Winnipeg, December 23 – The Canadian dollar opened stronger against its US counterpart on Monday, underpinned by better-than- expected Canadian economic data, industry watchers said. According to Statistics Canada, the gross domestic product grew by 0.3% in October, beating trade expectations of a 0.2% increase. […]

Dec. 20, 2013 at 3:37 pm CST

By Commodity News Service Canada WINNIPEG, Dec. 20 – The Canadian dollar closed firmer against its US counterpart on Friday, as investors were taking profits on their short positions ahead of the holiday season, analysts said. The Canadian currency closed at US$0.9391 or US$1=C$1.0648 on Friday, which compares with Thursday’s […]

Dec. 20, 2013 at 11:33 am CST

By Commodity News Service Canada Winnipeg, December 20 – The Canadian dollar was weaker against its US counterpart at midday Friday, undermined by weaker-than-expected Canadian economic data and positive growth seen in the US economy, industry watchers said. According to Statistics Canada, retail sales in October were down 0.1% to […]

Dec. 20, 2013 at 8:48 am CST

By Commodity News Service Canada Winnipeg, December 20 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by weaker-than-expected Canadian economic data, industry watchers said. According to Statistics Canada, retail sales in October were down 0.1% to C$40.72 billion, which was below the 0.2% gain economists […]

Dec. 19, 2013 at 3:40 pm CST

By Commodity News Service Canada WINNIPEG, Dec. 19 – The Canadian dollar closed firmer against its US counterpart on Thursday, seeing a corrective bounce after falling to a three-year low. Some support came from expectations that the US Federal Reserve will keep interest rates low for longer while they taper […]