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Jul. 9, 2013 at 8:44 am CDT

By Commodity News Service Canada Winnipeg, July 9 – The Canadian dollar opened higher against its US counterpart on Tuesday, despite a report showing that Canadian housing starts declined last month, market watchers said. According to Canada Mortgage and Housing Corporation, housing starts came in at an annualized rate of […]

Jul. 8, 2013 at 8:47 am CDT

By Commodity News Service Canada Winnipeg, July 8 – The Canadian dollar opened slightly higher against its US counterpart on Monday, underpinned by data showing strength in the Canadian housing sector in May, market watchers said. According to StatsCan, building permits worth C$7.3 billion were issued in May, which is […]

Jul. 5, 2013 at 8:50 am CDT

By Commodity News Service Canada Winnipeg, July 5 – The Canadian dollar opened significantly lower against its US counterpart Friday, undermined by a StatsCan job report that said the Canadian economy lost jobs in June and positive employment news in the US, market watchers said. According to StatsCan, Canada lost […]

Jul. 4, 2013 at 8:53 am CDT

By Commodity News Service Canada Winnipeg, July 4 – The Canadian dollar opened slightly higher against its US counterpart on Thursday, despite easing concerns about Egypt disrupting global oil supplies after president Mohamed Mursi was removed from power, market watchers said. According to brokers, additional downward pressure will come from […]

Jul. 3, 2013 at 8:37 am CDT

By Commodity News Service Canada Winnipeg, July 3 – The Canadian dollar opened lower against its US counterpart on Wednesday, undermined by data showing the US economy strengthened in June, market watchers said. According to the US job releases, private sector jobs in the US increased by 188,000 in June, […]