By Commodity News Service Canada
WINNIPEG, Nov. 30 (CNS Canada) – The Canadian dollar was weaker Friday morning.
At 9:03 CST Friday morning the Canadian dollar was at US$0.7507 or C$1.3320, which compares with Thursday’s North American close of US$0.7533 or C$1.3275.
Economic growth in Canada grew at an annualized pace of two per cent in the third quarter, according to a report issued by Statistics Canada this morning. Consumer spending slowed to 1.2 per cent and fingers are pointing to the trade tensions between Canada, Mexico and the United States in the summer.
Oil prices Friday morning were down US$1.35 per barrel. West Texas Intermediate crude this morning was at US$50.10 per barrel after closing Thursday at US$51.45.
Gold is down Friday morning by US$6.70 to US$1,221.20 per ounce.
The Toronto TSX/S&P Composite Index was down 62.00 points Friday morning at 15,132.04.
