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.