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Dec. 12, 2013 at 11:47 am CST

By Commodity News Service Canada Winnipeg, December 12 – The Canadian dollar was down over half a cent against its US counterpart at midday Thursday, undermined by better-than-expected US economic data, market watchers said. The US Department of Commerce said retail sales in November were up 0.7%, beat trading expectations […]

Dec. 11, 2013 at 3:45 pm CST

By Commodity News Service Canada WINNIPEG, Dec. 11 – The Canadian dollar was up slightly against the US dollar on Wednesday as it continued to recover following a recent sharp drop, analysts said. Technical based buying was said to be supportive. However, the loonie’s upside was capped by spillover pressure […]

Dec. 11, 2013 at 11:36 am CST

By Commodity News Service Canada Winnipeg, December 11 – The Canadian dollar was slightly weaker against its US counterpart at midday Wednesday, as the loonie remained in a narrow trading range due to a lack of fresh Canadian or US economic data, industry watchers said. Losses seen in commodities, including […]

Dec. 11, 2013 at 8:46 am CST

By Commodity News Service Canada Winnipeg, December 11 – The Canadian dollar opened slightly higher against its US counterpart on Wednesday, underpinned by the US dollar’s inability to break through the key technical level of C$1.0700 last week, industry watchers said. Gains seen in commodities, including gold and copper, added […]

Dec. 10, 2013 at 3:43 pm CST

By Commodity News Service Canada WINNIPEG, Dec. 10 – The Canadian dollar firmed against the US dollar on Tuesday, lifted by the strong advances seen in commodities, including crude oil and gold, analysts said. The Canadian currency was quoted at US$0.9431 or US$1=C$1.0603 at the close on Tuesday, which compares […]