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Aug. 29, 2013 at 3:35 pm CDT

By Commodity News Service Canada WINNIPEG, August 29 – The Canadian dollar moved sharply lower on Thursday, falling below 95 cents US as conflicts in Syria continued to have traders avoiding riskier assets. Some of the weakness in the value of the Canadian dollar was linked to expectations that Friday’s […]

Aug. 29, 2013 at 11:40 am CDT

By Commodity News Service Canada Winnipeg, August 29 – The Canadian dollar was significantly lower against its US counterpart at midday Thursday, undermined by positive US economic data that could lead to the US Federal Reserve slowing its monetary stimulus sooner than later, market watchers said. The US Department of […]

Aug. 29, 2013 at 8:53 am CDT

By Commodity News Service Canada Winnipeg, August 29 – The Canadian dollar opened weaker against its US counterpart on Thursday, undermined by poor Canadian economic data, market watchers said. According to a Statistics Canada report, Canada’s account deficit increased C$1.1 billion to C$14.6 billion in the second quarter. Further weakness […]

Aug. 28, 2013 at 3:41 pm CDT

By Commodity News Service Canada WINNIPEG, August 28 – The Canadian dollar eased against its US counterpart on Wednesday, as traders were avoiding risk assets due speculation that the US army will take action against Syria following a chemical attack in the country, analysts said. The Canadian currency was quoted […]

Aug. 28, 2013 at 11:38 am CDT

By Commodity News Service Canada Winnipeg, August 28 – The Canadian dollar was lower against its US counterpart at midday Wednesday, as unfavourable global risk sentiment due to tension in Syria offset gains seen in crude oil, market watchers said. Adding to the loonie’s weakness was a Statistics Canada report […]