The Canadian dollar was little changed during Thursday’s quiet trading. The currency fell versus the US dollar intraday but is trading near its opening level currently. Falling prices for crude oil coupled with poor economic data from Canada suggest that the currency may go lower once trading recovers after the holiday in the United States.
Crude Oil — News Archive
November 19th, 2015 at 21:06
The Canadian dollar was attempting to rise against its US peer today but has almost erased its gains by now. The currency fell against its other major rivals, including the euro and the Japanese yen.
November 18th, 2015 at 18:39
The Canadian dollar fell today against its major peers as the drop of crude oil prices continues to weigh on the currency. Additionally, traders were unwilling to buy risky currencies tied to economic growth ahead of the release of Federal Reserve policy meeting minutes.
November 13th, 2015 at 20:07
The Canadian dollar was mixed today, falling against the US dollar, rising versus the euro and staying flat against the Japanese yen.
November 11th, 2015 at 19:48
The Canadian dollar was little changed during Wednesday’s quiet trading. Markets in several countries, including Canada and the United States, are closed today due to holidays.
November 10th, 2015 at 13:19
Canadian dollar is regaining some of the ground it lost yesterday. Thanks to slightly higher oil prices and some profit taking, the loonie is higher against its major counterparts.
November 02nd, 2015 at 15:50
Canadian dollar is falling today after a relatively successful run last week. With the oil boom over for Canada, though, there is a lot of money flowing out of the country and the loonie is dropping as a result.
October 28th, 2015 at 1:01
The Canadian dollar slumped on Tuesday as prices for crude oil continued to struggle. Economic data from Canada’s neighbor, the United States, also was not helping the currency much.
October 27th, 2015 at 0:51
The Canadian dollar was flat against its US counterpart on Monday and remained little changed during Tuesday’s trading. The loonie was falling against other majors, including the euro and the Japanese yen.
October 22nd, 2015 at 21:54
The Russian ruble rose against the US dollar with the help of rising crude oil prices. Comments from Russian President Vladimir Putin perhaps also played a part in the ruble’s rally.