Bank of Canada: Commodity Prices

commodity prices: TORONTO - The Canadian dollar continued to drift downward Tuesday morning to multi-year lows amid mixed commodity prices and a heavy slate of economic data in Canada and the U.S. this week. , according to Winnipeg Free Press. The currency closed below 94 cents US on Monday for the first time since the end of August 2010. Tuesday's intraday low as of midday was 93.69 cents US, which matched a level set on Aug. 31, 2010. Loonies are pictured in Vancouver, Sept. 22, 2011. THE CANADIAN PRESS/Jonathan Hayward The loonie was down 0.23 of a cent to 93.75 cents US a day before the Bank of Canada's next interest rate announcement. Markets generally aren't looking to the central bank to move up rates until 2015. (www.immigrantscanada.com). As reported in the news.