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Jul. 19, 2013 at 11:55 am CDT

By Commodity News Service Canada Winnipeg, July 19 – The Canadian dollar was higher than its US counterpart at midday Friday, underpinned by new Canadian data showing that inflation was under control in June, market watchers said. According to Statistics Canada, core inflation rose by 1.3 percent on a year-over-year […]

Jul. 19, 2013 at 8:40 am CDT

By Commodity News Service Canada Winnipeg, MB, July 19, 2013 (CNS Canada) – The Canadian dollar opened weaker than its US counterpart on Friday, undermined by Canada’s June consumer price index which came in lower than the Bank of Canada’s two percent inflation target, market watchers said. Canada’s core inflation […]

Jul. 18, 2013 at 3:52 pm CDT

By Commodity News Service Canada WINNIPEG, July 18 – The Canadian dollar firmed against its US counterpart on Thursday, seeing a correction from Wednesday’s decline, analysts said. The Canadian currency was quoted at US$0.9638, or US$1=C$1.0376 at the close on Thursday, which compares with Wednesday’s North American close of US$0.9602, […]

Jul. 18, 2013 at 8:46 am CDT

By Commodity News Service Canada Winnipeg, July 18 – The Canadian dollar opened relatively unchanged on Thursday, undermined by better-than-expected US labour market data, market analysts said. US jobless claims fell by 24,000 to a seasonally adjusted 334,000 in the week ended July 13. That is better than the 340,000 […]

Jul. 17, 2013 at 3:45 pm CDT

By Commodity News Service Canada WINNIPEG, July 17 – The Canadian dollar eased against its US counterpart on Wednesday, undermined by a bearish Bank of Canada interest rate announcement, analysts said. Bank of Canada governor, Stephen Poloz, announced Wednesday that the bank plans to keep interest rates unchanged, and will […]