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Canadian Financial Close: TSX plunges amid widespread selloffs

By Commodity News Service Canada WINNIPEG, February 24 – The Canadian dollar finished relatively unchanged, compared to its US counterpart, as Canada’s monthly inflation rate hit 2.1%. While some analysts theorize the inflation rate could spark movement from the Bank of Canada in regards to the country’s interest rate, many expect the BoC to show […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, February 24 – The Canadian dollar was stronger in early activity on Friday, underpinned by domestic data. At 8:52 CST Friday, the Canadian dollar was at US$0.7637 or US$=C$1.309, which compares with Thursday’s North American close of US$0.7625 or US$1=C$1.3114. The Canadian Consumer Price Index (CPI) rose 2.1 per […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, Feb. 23, 2017 (CNS Canada) The Canadian dollar was stronger Thursday morning, as a rally in crude oil provided support. At 9:46 CST Thursday morning the Canadian dollar was at US$0.7629 or C$1.3108 which compares with Wednesday’s North American close of US$0.7608 or C$1.3144. Crude oil was up […] Read more

Canadian Financial Close: TSX softens with crude oil

By Commodity News Service Canada WINNIPEG, February 22 – The Canadian dollar finished slightly lower, relative to its US counterpart, on Wednesday. Lower crude oil prices pointed the way lower for the commodity-linked currency. The Canadian dollar closed at C$0.7608 or US$1=C$1.3144, compared to Tuesday’s close of C$0.7612 or US$1=C$1.3138. The S&P/TSX Composite Index finished […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) The Canadian dollar was weaker Wednesday morning, as losses in crude oil and soft domestic retail sales data weighed on the currency. At 9:54 CST Wednesday morning the Canadian dollar was at US$0.7584 or C$1.3186 which compares with Tuesday’s North American close of US$0.7612 or […] Read more

Canadian Financial Close: C$ loses ground ahead of retail data

By Commodity News Service Canada WINNIPEG, February 21 – The Canadian dollar finished slightly lower, relative to its US counterpart, on Tuesday. The loonie was pressured by losses in metals and natural gas prices. Some investors were positioning themselves ahead of Wednesday’s retail sales data. The Canadian dollar closed at C$0.7612 or US$1=C$1.3138, compared to […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) The Canadian dollar was weaker Tuesday morning, as general strength in the US dollar index weighed on the currency. At 9:35 CST Tuesday morning the Canadian dollar was at US$0.7605 or C$1.3149 which compares with Friday’s North American close of US$0.7634 or C$1.3099. Canadian markets […] Read more

Canadian Financial Close: TSX falters due to steep gold losses

By Commodity News Service Canada WINNIPEG, February 17 – The Canadian dollar finished slightly lower, relative to its US counterpart, in choppy trading on Friday. Broad-based strength in the American greenback pressured the loonie for much of the day. The Canadian dollar closed at C$0.7634 or US$1=C$1.3099, compared to Thursday’s close of C$0.7645 or US$1=C$1.3080. […] Read more


Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, February 17 – The Canadian dollar was slightly lower compared to its US counterpart Friday morning, tracking losses in crude oil. At 8:40 CST Friday morning the Canadian dollar was at US$0.7641 or C$1.3087 which compares with Thursday’s North American close of US$0.7645 or C$1.3080. At 8:40 CST Friday […] Read more

Canadian Financial Close: TSX posts gains behind tech, mining

By Commodity News Service Canada WINNIPEG, February 16 – The Canadian dollar suffered tiny losses against its US counterpart on Thursday, in narrow trading. The Canadian dollar closed at C$0.7645 or US$1=C$1.3080, compared to Wednesday’s close of C$0.7646 or US$1=C$1.3075. The S&P/TSX Composite Index rose on Thursday, taking strength from gains in mining companies and […] Read more