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Jul. 25, 2013 at 8:55 am CDT

By Commodity News Service Canada Winnipeg, July 25 – The Canadian dollar opened stronger against its US counterpart on Thursday, underpinned by a US dollar that continues to weaken against other currencies, market watchers said. Many traders are positioning themselves ahead of Friday’s US non- farm payrolls data release and […]

Jul. 24, 2013 at 3:22 pm CDT

By Commodity News Service Canada Winnipeg, July 24 – The Canadian dollar closed weaker against its US counterpart on Wednesday, undermined by significantly lower crude oil prices caused by a Chinese report showing a slowdown in the country’s manufacturing sector, analysts said. According to a HSBC survey, China’s manufacturing is […]

Jul. 24, 2013 at 11:35 am CDT

By Commodity News Service Canada Winnipeg, July 24 – The Canadian dollar was weaker against its US counterpart at midday Wednesday, undermined by a Chinese report showing a slowdown in the country’s manufacturing sector, which has led to a decline in crude oil prices, market analysts said. According to a […]

Jul. 24, 2013 at 8:46 am CDT

By Commodity News Service Canada Winnipeg, July 24 – The Canadian dollar opened slightly stronger against its US counterpart for a fifth consecutive day on Wednesday, after the biggest three year gain in retail sales sparked bets for faster economic growth this year, market watchers said. Retail sales increased 1.9% […]

Jul. 23, 2013 at 3:48 pm CDT

By Commodity News Service Canada WINNIPEG, July 23 – The Canadian dollar strengthened more than half a cent against its US counterpart on Tuesday, underpinned by better than expected Canadian retail sales data, analysts said. According to Statistics Canada, retail sales rose 1.9% to C$40.4 billion in May, the largest […]