By Commodity News Service Canada
WINNIPEG, Nov. 14 – The Canadian dollar was stronger Friday morning, as better-than-expected domestic manufacturing data and gains in crude oil provided support.
At 9:30 CST Friday morning the Canadian dollar was at US$0.8828 or C$1.1328 which compares with Thursday’s North American close of US$0.8790, or C$1.1376.
Canadian manufacturing sales increased by 2.1% to C$53 billion in September, according to Statistics Canada data. The growth beat market expectations and came after a 3.5% decline the previous month.
The TSX was stronger in early activity, up 15.57 points at 9:30 CST to sit at 14,795.81.
