By MarketsFarm
WINNIPEG, July 24 (MarketsFarm) – The Canadian dollar was slightly lower on Friday morning.
At 8:55 CDT Friday morning the Canadian dollar was at US$0.7443 or US$1=C$1.3399, which compares with Thursday’s North American close of US$0.7467 or US$1=C$1.3392.
The United States dollar continues to slip against other major world currencies due to concerns to escalating tensions between the U.S. and China, as the two countries each demand consulates to be shut down.
The TSX was down by 75.95 points at 9:05 CDT to trade at 15,947.89 points.
Crude oil prices were steady, recovering from losses sparked by deteriorating geopolitical relations between the U.S. and China. West Texas Intermediate (WTI) was up three cents at US$41.10 per barrel. Brent Crude was up by 11 cents to trade at US$43.42.
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