WINNIPEG – The Canadian dollar continued its downturn on Thursday morning.
The loonie was at US$0.7512 or US$1=C$1.3312, down from US$0.7534 or US$1=C$1.3273 on Wednesday. The United States Dollar Index declined 0.24 points to 103.13.
Despite another draw from U.S. stockpiles and supply curbs from Saudi Arabia and Russia, crude oil was in decline. Brent crude oil was US$0.26 lower at US$76.39 per barrel. West Texas Intermediate (WTI) lost US$0.19 at US$71.60/barrel.
The TSX/S&P Composite Index fell 193.27 points to 19,910.62.
Gold dropped US$10.30 per ounce to US$1,916.80.
