By Commodity News Service Canada
June 21 (CNS Canada) – The Canadian dollar was steady early this
morning, trading at C$1.3319 per U.S. dollar or US$0.7508 at 8:44
a.m. CDT. The Canadian dollar closed yesterday at C$1.3301, or
US$0.7518.
The U.S. dollar remained steady with a weekly drop in the U.S.
jobless rate offsetting early skids caused by the Philly Fed report
index, which fell to its lowest level in 1.5 years. The business
survey questions manufacturers on general business conditions.
Canadian wholesale sales were up slightly by 0.1 per cent to
C$63.1 billion in April, Statistics Canada announced today.
Sales gains in machinery, equipment and supplies, and food,
beverage and tobacco subsectors were offset by declines in motor
vehicles and parts.
Wholesale sales increased in seven provinces, with British
Columbia and Quebec leading the way.
The TSX opened slightly down, weighed by falling energy prices.
It fell 18.79 points, or 0.11 per cent to 16,404.05 at 8:45 a.m. CDT.
