WINNIPEG, Feb. 4 (MarketsFarm) – The Canadian dollar slightly fell Thursday morning against the U.S. greenback as jobless claim numbers improved stateside.
As of 8:42 a.m. CST, the Canadian dollar was at US$0.7797 or US$1=C$1.2825, compared to Wednesday’s close of US$0.7823 or US$1=C$1.2783.
Benchmark crude oil prices were upward on Thursday morning despite news Royal Dutch Shell had posted a loss of US$21.7 billion in 2020.
Brent crude oil increased US$0.25 to US$58.71 per barrel. West Texas Intermediate (WTI) rose US$0.33 to US$56.03/barrel. Western Canadian Select (WCS) went up US$0.39 at US$44.56/barrel.
At the opening the TSX/S&P Composite Index gained 41.42 points at 17,915.91.
Gold was down US$45.24 at US$1,788.80 per ounce due to higher yields.
