Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, May 17, 2018 (CNS Canada) – The Canadian dollar was slightly lower Thursday morning, despite gains in the price of oil and the stock market. At 8:59 CDT Thursday morning the Canadian dollar was at US$0.7802 or C$1.2820, which compares with Wednesday’s North American close of US$0.7807 or […] Read more


Canadian Financial Close: Dollar rises with the price of gold

By Commodity News Service Canada WINNIPEG, May 16 (CNS) – The Canadian dollar rose Wednesday, supported by gains in the price of gold. The Canadian dollar settled Wednesday at US$0.7807 or C$1.2809, compared to Tuesday’s North American close of US$0.7766 or C$1.2876. Gold prices rebounded Wednesday from a four-and-a-half month low, to settle at US$1,292.19. […] Read more


North American Grain/Oilseed Review: Canola ends lower, testing support

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 16 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Wednesday, taking some direction from Chicago Board of Trade soybeans and soyoil. Strength in the Canadian dollar added to the weaker tone in canola, as the currency rallied back above 78 U.S. cents. Bearish […] Read more



ICE canola down sharply at midday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 16 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Wednesday, as losses in the Chicago Board of Trade soy complex and strength in the Canadian dollar weighed on values. Bearish chart signals exaggerated the move lower as the July contract dipped below […] Read more


Global Markets: Japanese economy shrinks in first quarter

By Commodity News Service Canada WINNIPEG, May 16 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Venezuelan authorities have seized control of the Kellogg cereal factory in the country after the company announced it was shutting down operations due to “economic and social deterioration.” Venezuela’s […] Read more



ICE Canola weighed down by currency issues

By Dave Sims, Commodity News Service Canada WINNIPEG, May 16 (CNS) – Canola contracts on the ICE Futures Canada platform were lower Wednesday morning, pressed down by strength in the Canadian dollar. Losses in the U.S. soy complex and Malaysian palm oil futures weighed on the market. Showers are expected to fall over parts of […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, May 16, 2018 (CNS Canada) – The Canadian dollar strengthened Wednesday morning, following a day of losses on Tuesday. At 8:46 CDT Wednesday morning the Canadian dollar was at US$0.7794 or C$1.2818, which compares with Tuesday’s North American close of US$0.7766 or C$1.2876. Oil prices dropped Wednesday, ahead […] Read more


Canadian Financial Close: Dollar drops with the price of gold

By Commodity News Service Canada WINNIPEG, May 15 (CNS) – The Canadian dollar fell Tuesday, weighted by a drop in the price of gold. The Canadian dollar settled Tuesday at US$0.7766 or C$1.2876, compared to Monday’s North American close of US$0.7828 or C$1.2775. Gold prices dropped 1.8 per cent to US$1,289.21 an ounce. Oil prices […] Read more



North American Grain/Oilseed Review: Canola strengthens amid dryness concerns

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 15 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Tuesday, with weakness in the Canadian dollar behind some of the strength. Dryness concerns across much of the Prairies were also supportive. Many areas are in need of moisture, but there is little in […] Read more


ICE canola boosted by weak Canadian dollar

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 15 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Tuesday, as weakness in the Canadian dollar provided support. The currency was down by more than half a cent relative to its United States counterpart, which underpins crush margins and makes exports more […] Read more