By Commodity News Service Canada
Winnipeg, August 24 (CNS Canada) – The Canadian dollar was
slightly higher against its U.S. counterpart Friday morning.
Gains in gold bullion and crude oil prices were supportive for
the commodity-backed currency while losses in natural gas were
bearish.
At 9:05 CDT Friday morning the Canadian dollar was at US$0.7661
or C$1.3053, which compares with Thursday’s North American close of
US$0.7655 or C$1.3063.
At 9:05 CDT Friday morning, the TSX was up 19.70 points, or
0.12%, at 16,346.49. The market shrugged off early losses in the
materials sector with improvement in several other sectors.
