Canadian dollar flat despite robust commodities

Ben — Fri, 28 Mar 2008 11:30:26 +0000

he Canadian dollar was almost unchanged against the U.S. dollar on Thursday as ongoing concerns about the economy of Canada’s biggest trading partner kept it from riding robust commodity prices higher.

Canadian bond prices were mixed as investors squared their books heading into the end of the month and the quarter.

The Canadian unit closed at C$1.0184 to the U.S. dollar, or 98.19 U.S. cents, up a tad from C$1.0188 to the U.S. dollar, or 98.15 U.S. cents, at Wednesday’s close.

The Canadian dollar has stayed stubbornly in a range of 96.61 U.S. cents to US$1.0256 since the end of November and does not appear to be about to break out of it any time soon, said Shaun Osborne, chief currency strategist at TD Securities.

6 Kiddy Cough Medicines Banned

Ben — Thu, 27 Mar 2008 18:13:54 +0000

Cough remedies aimed at very young children are to be removed from shelves amid fears of accidental overdose. The Medicine and Healthcare products Regulatory Agency has ordered six products be permanently removed from sale for children aged under...

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Canadian dollar flat despite robust commodities

6 Kiddy Cough Medicines Banned