Your Reading List

Canadian dollar and business outlook

Reading Time: < 1 minute

Published: July 27, 2018

By Commodity News Service Canada

WINNIPEG, July 27 (CNS Canada) The Canadian dollar was holding near unchanged Friday morning, holding its gains posted earlier in the week as the market saw some consolidation ahead of the weekend.

At 9:16 CDT Friday morning the Canadian dollar was at US$0.7649 or C$1.3074 which compares with Thursday’s North American close of US$0.7654 or C$1.3065.

United States GDP data released this morning showed that country’s economy growing at the fastest pace in four years in the second quarter of 2018.

Crude oil was slightly softer in early activity.

The TSX was stronger at 9:16 CDT, up 20.10 points at 16,475.83.

About the author

GFM Network News

GFM Network News

Glacier FarmMedia Feed

Glacier FarmMedia, a division of Glacier Media, is Canada's largest publisher of agricultural news in print and online.

explore

Stories from our other publications