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Aug. 9, 2013 at 3:43 pm CDT

By Commodity News Service Canada WINNIPEG, August 9 – The Canadian dollar moved higher against its US counterpart on Friday, as risk sentiment improved amid signs that China’s economy is improving, analysts said. The National Bureau of Statistics in China reported industrial production rose 9.7 per cent in the year […]

Aug. 9, 2013 at 11:50 am CDT

By Commodity News Service Canada Winnipeg, August 9 – The Canadian dollar was stronger against its US counterpart at midday Friday, underpinned by gains in commodities, including crude oil, gold and copper, market watchers said. However, gains were limited by a Statistics Canada report released on Friday showing Canadian jobs […]

Aug. 9, 2013 at 8:46 am CDT

By Commodity News Service Canada Winnipeg, August 9 – The Canadian dollar opened weaker against its US counterpart on Friday, undermined by weaker-than-expected Canadian jobs data, market watchers said. According to Statistics Canada, employment declined by 39,000 jobs in July, with the unemployment rate rising 0.1% to 7.2%. Economists had […]

Aug. 8, 2013 at 3:38 pm CDT

By Commodity News Service Canada WINNIPEG, August 8 – The Canadian dollar moved sharply higher against its US counterpart on Thursday, as traders were more willing to take on risk amid positive Chinese and German economic data, analysts said. The Canadian currency was quoted at US$0.9686, or US$1=C$1.0324 at the […]

Aug. 8, 2013 at 11:49 am CDT

By Commodity News Service Canada Winnipeg, August 8 – The Canadian dollar was significantly stronger against its US counterpart at midday Thursday, underpinned by favourable export data coming out of China, market watchers said. According to analysts, Chinese exports for July were better-than- expected, increasing 5.1% after a 3.1% drop […]