By Commodity News Service Canada
Winnipeg, March 13 – The Canadian dollar was up half a cent
relative to its U.S. counterpart Thursday as positive economic signals
in the U.S. retail sector were tempered by concerns over Chinese growth
and strong gains by the Euro.
Gold saw fresh gains as investors turned to it in the face of
political uncertainty in Ukraine and concerns over growth in China. New
data shows Chinese industrial production saw sluggish growth in both
January and February.
Canada says itÆs open to renegotiating the North American Free
Trade Deal if the conditions are right.
At 9:15 CDT Thursday, the Canadian dollar was at US$0.9041 or
US$=C$1.1060 which compares with Wednesday’s North American close of US
$0.8996, or US$=C$1.1116.
The TSX was down 9.63 points Thursday morning at 9:15 CDT, to sit
at 14,309.37.
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