By Commodity News Service Canada
Winnipeg, May 2 – The Canadian dollar was marginally lower against its US counterpart at midday Friday, as better-than-expected jobs data in the US pushed the American greenback higher and kept many traders on the sidelines.
TransCanada Corp. shares were up three cents to C$51.21 as the company told investors it earned 58 cents a share in its latest quarter, which was supportive.
On the commodity markets, gold climbed 1.85 per cent as June bullion climbed to US$1,296.20 an ounce.
At 12:00 CDT Friday, the Canadian dollar was trading at US$0.9106 or US$1.1098, which compares with Thursday’s North American close of US$0.9123, or US$=$1.0961.
At 12:00 CDT Friday, the Toronto Stock Exchange was up 89.13 points to sit at 14,753.20.
