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Aug. 20, 2013 at 3:48 pm CDT

By Commodity News Service Canada WINNIPEG, August 20 – The Canadian dollar closed weaker compared to its US counterpart on Tuesday, undermined by expectations that the US Federal Reserve will start backing out of stimulus programs soon, analysts said. The Canadian currency was quoted at US$0.9626, or US$1=C$1.0389 at the […]

Aug. 20, 2013 at 11:35 am CDT

By Commodity News Service Canada Winnipeg, August 20 – The Canadian dollar was significantly weaker against its US counterpart at midday Tuesday, undermined by below- average Canadian economic data, industry watchers said. According to a Statistics Canada report, wholesale sales were down 2.8% to C$48.8 billion in June. Sales in […]

Aug. 20, 2013 at 8:41 am CDT

By Commodity News Service Canada Winnipeg, August 20 – The Canadian dollar opened lower against its US counterpart on Tuesday, undermined by poor Canadian economic data, market watchers said. According to Statistics Canada, wholesale sales in June were down 2.8% to C$48.8 billion. Adding to the Canadian dollar’s weakness are […]

Aug. 19, 2013 at 3:35 pm CDT

By Commodity News Service Canada WINNIPEG, August 19 – The Canadian dollar closed little changed compared to its US counterpart on Monday amid a lack of fresh news, analysts said. The Canadian currency was quoted at US$0.9669, or US$1=C$1.0342 at the close on Monday, which compares with Friday’s North American […]

Aug. 19, 2013 at 11:50 am CDT

By Commodity News Service Canada Winnipeg, August 19 – The Canadian dollar was flat with its US counterpart at midday Monday, as a lack of US or Canadian economic news subdued trading, market watchers said. Traders are awaiting Wednesday’s release of the minutes from the Federal Open Market Committee, analysts […]