Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, nearing its weakest level in four months relative to its United States counterpart.
The continued shutdown of the U.S. government and resulting lack of economic data was hanging over the financial markets.
At 8:47 a.m. CDT the Canadian dollar was trading at US$0.7167 or US$1=C$1.3953 which compares with Wednesday’s close of US$0.7174 or US$1=C$1.3940.
Crude oil was also weaker, with West Texas Intermediate down 0.87 per cent at US$61.24 per barrel.
The TSX held near its record highs, gaining 8.15 points at 9:47 CDT to trade at 30,115.82.
