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Nov. 13, 2013 at 3:37 pm CST

By Commodity News Service Canada WINNIPEG, Nov. 13 – The Canadian dollar closed higher against its US counterpart on Wednesday, rebounding from recent sharp losses, analysts said. The Canadian currency was quoted at US$0.9558 or US$1=C$1.0462 at the close on Wednesday, which compares with Tuesday’s North American settlement of US$0.9530 […]

Nov. 13, 2013 at 11:36 am CST

By Commodity News Service Canada Winnipeg, November 13 – The Canadian dollar was stronger against its US counterpart at midday Wednesday, underpinned by Tuesday’s announcement from Finance Minister Jim Flaherty, who said the federal government is expected to post a budget surplus in 2015, market watchers said. According to Flaherty, […]

Nov. 13, 2013 at 8:40 am CST

By Commodity News Service Canada Winnipeg, November 13 – The Canadian dollar opened slightly stronger against its US counterpart on Wednesday, rising from a two- month low after Finance Minister Jim Flaherty said on Tuesday afternoon that the federal government will post a budget surplus in 2015, industry watchers said. […]

Nov. 12, 2013 at 3:45 pm CST

By Commodity News Service Canada WINNIPEG, Nov. 12 – The Canadian dollar closed lower against the US dollar on Tuesday, as expectations that the US Federal Reserve will back out of stimulus programs soon, due to the recovery of the US economy, weighed on its value. The Canadian currency was […]

Nov. 12, 2013 at 11:38 am CST

By Commodity News Service Canada Winnipeg, November 12 – The Canadian dollar was weaker against its US counterpart at midday Tuesday, undermined by ideas that recent strong US economic data could lead the US Federal Reserve to slowing its monetary stimulus before the end of 2013, industry watchers said. Losses […]