WINNIPEG, Feb. 11 (MarketsFarm) – The Canadian dollar continued its rally early Thursday morning while both the number of unemployment claims and new coronavirus cases declined in the United States.
As of 8:32 a.m. CST, the Canadian dollar was at US$0.7892 or US$1=C$1.2671, compared to Wednesday’s close of US$0.7881 or US$1=C$1.2689.
Benchmark crude oil prices suffered a slight drop this morning after being on the rise for more than a week.
Brent crude oil decreased US$0.05 to US$61.42 per barrel. West Texas Intermediate (WTI) moved down by US$0.05 to US$58.63/barrel. Western Canadian Select (WCS) increased by US$0.11 at US$47.05/barrel.
The TSX/S&P Composite Index steadily climbed from yesterday’s record-setting close, rising 49.16 to 18,457.78.
Gold stepped down by US$1.28 at US$1,841.62 per ounce.
