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Canadian dollar and business outlook

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Published: April 30, 2020

By MarketsFarm

WINNIPEG, April 30 (MarketsFarm) – The Canadian dollar was firmer Thursday morning, continuing to gain ground relative to its United States counterpart as advances in crude oil provided support.
At 9:04 CDT Thursday morning the Canadian dollar was at US$0.7189 or C$1.3910 which compares with Wednesday’s North American close of US$0.7183 or C$1.3922.
West Texas Intermediate crude oil was up by roughly US$2 per barrel in early activity, which underpinned the energy-linked Canadian dollar.
The TSX was down by 180.98 points at 9:04 CDT to trade at 15,047.13 points.

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