Latest articles

explore

Stories from our other publications


Canadian Financial Close: TSX dips as oil prices weaken

By Commodity News Service Canada WINNIPEG, July 16 (CNS) – The Canadian dollar climbed higher against its U.S. counterpart on Monday. The loonie was boosted by speculative buying in the wake of last week’s interest rate hike. Gains in natural gas were offset by losses in crude oil and gold issues. The loonie finished at […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada Winnipeg, MB, July 16, 2018 (CNS Canada) – The Canadian dollar was stronger against its U.S. counterpart Monday morning. The loonie took strength from recent gains in crude oil and the different in U.S./Canada interest rates. At 9:30 CDT Monday morning the Canadian dollar was at US$0.7616 or C$1.3129, which […] Read more


Global Markets: Markets watching Helsinki meeting

By Dave Sims, Commodity News Service Canada WINNIPEG, July 16 (CNS) – Investors around the world are closely watching talks this week between U.S. President Donald Trump and Russian President Vladimir Putin. The two leaders are meeting in Helsinki where the issues of trade are expected to be front and center. What’s unclear is whether […] Read more

Canadian Financial Close: TSX holds steady with energy

By Commodity News Service Canada WINNIPEG, July 13 (CNS) – The Canadian dollar ended relatively flat against its U.S. counterpart on Friday. The inactivity surprised some who thought Wednesday’s decision by the Bank of Canada to hike the interest rate would have had more impact on the commodity-based currency. Surging oil prices have also failed […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, July 13 (CNS Canada) The Canadian dollar was weaker Friday morning, as ongoing uncertainty on the global trade front weighed on the currency. At 9:28 CDT Friday morning the Canadian dollar was at US$0.7589 or C$1.30177 which compares with Thursday’s North American close of US$0.7595 or C$1.3166. Crude oil […] Read more

Canadian Financial Close: Loonie softens with trade tension

By Commodity News Service Canada WINNIPEG, July 12 (CNS) – The Canadian dollar suffered tiny losses Thursday in the wake of the Bank of Canada’s decision to hike the country’s key interest rate. The BoC announced the move yesterday, which lent some support to the market. However, international trade tensions continued to cast a bearish […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada July 12 (CNS Canada) — The Canadian dollar held relatively steady early Thursday morning, despite international trade threats, a Bank of Canada prime lending rate increase and lower oil prices. The Canada-U.S. exchange was at C$1.3161 or 0.7589 per US$1. It closed yesterday at C$1.3151, or 0.7604 per US$1. Chinese […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada July 11 (CNS Canada) — The Canadian dollar took heavy hits over night, following the United States announcement that it plans to charge new tariffs on another US$200 billion worth of Chinese goods. The Bank of Canada was also expected to raise its key lending rate later today to 1.75 […] Read more


Canadian Financial Close: Loonie dips in narrow trade

By Commodity News Service Canada WINNIPEG, July 10 (CNS) – The Canadian dollar record mild losses against its U.S. counterpart on Tuesday as traders adjusted positions ahead of tomorrow’s meeting of the Bank of Canada. The BoC is widely expected to hike interest rates, which will have an impact on the currency going forward. The […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada July 10 (CNS Canada) — The Canadian dollar is rising against many international currencies, but was down compared to the U.S. dollar, ahead of an expected Bank of Canada interest rate increase tomorrow. Many analysts believe any strength will be short-lived and the dollar will weaken following the expected interest […] Read more