Currency Updates

By Commodity News Service Canada Winnipeg, November 26 – The Canadian dollar was higher against its American counterpart at midday Wednesday, buoyed by positive economic data. The loonie was at US$0.8902 or US$1 = C$1.1233 at 11:35 CST Wednesday morning. Durable goods orders in the US rose by 0.4 percent. That is well above the

By Commodity News Service Canada Winnipeg, November 26 – The Canadian dollar was slightly higher on Wednesday as investors waited for the release of US economic data. At 8:50 CST Wednesday morning, the loonie was up 0.0012 of a cent to US$0.8896 or US$1 = C$1.1241. The October reading on US durable goods orders, the

By Commodity News Service Canada WINNIPEG, Nov. 25 – The Canadian dollar strengthened relative to the US dollar on Tuesday, reacting to positive Canadian retail sales data, analysts said. According to Statistics Canada, retail sales were up by 0.8 per cent in September, beating expectations of a 0.5 per cent rise. The Canadian dollar closed

By Commodity News Service Canada Winnipeg, November 25 – The Canadian dollar was higher against its American counterpart at midday Tuesday as demand for the loonie grew with positive economic data. The loonie was at US$0.8893 or US$1 = C$1.1245 at 11:45 CST Tuesday morning. Auto sales paced the Canadian economy to a gain of

By Commodity News Service Canada Winnipeg, November 25 – The Canadian dollar was higher on Tuesday as investors rallied behind encouraging data from the US and growing speculation the Bank of Canada might adjust interest rates sooner than expected. At 8:50 CST Tuesday morning, the loonie was up 0.0038 of a cent to US$0.8898 or

By Commodity News Service Canada WINNIPEG, Nov. 24 – The Canadian dollar dropped relative to the US currency on Monday, seeing a downward correction following Friday’s rally, which was linked to positive Canadian inflation data, analysts said. The Canadian dollar closed at US$0.8858 or US$1=C$1.1289 on Monday, which compares with Friday’s North American settlement of

By Commodity News Service Canada Winnipeg, November 24 – The Canadian dollar was lower against its American counterpart at midday Monday as nervous investors looked ahead to retail sales and GDP data. The loonie was at US$0.9183 or US$1 = C$1.0890 late Monday morning. On Tuesday, the US Commerce Department will release its revised numbers

By Commodity News Service Canada Winnipeg, November 24 – The Canadian dollar was lower on Monday as investors waited to see the latest economic growth figures. At 8:50 CST Monday morning, the loonie was down 0.0012 of a cent to US$0.9227 or US$1 = C$1.1255. Figures are due to be released this week regarding Canada’s

By Commodity News Service Canada WINNIPEG, Nov. 21 – The Canadian dollar jumped sharply higher relative to the US dollar on Friday, underpinned by strong Canadian inflation data, analysts said. Statistics Canada said inflation was up by 0.1 per cent in October, beating expectations that inflation would drop after rising 0.2 per cent last month.

By Commodity News Service Canada Winnipeg, Nov 21 – The Canadian dollar was up sharply compared to the US currency at midday Friday, lifted by positive Canadian inflation data, analysts said. Statistics Canada said inflation was up by 0.1 per cent in October, beating expectations that inflation would drop after rising 0.2 per cent last