By MarketsFarm
WINNIPEG, April 3 (MarketsFarm) The Canadian dollar held steady overnight, following increased market optimism and firm oil prices.
At 8:45 CDT Wednesday morning, the Canadian dollar was at US$0.7503 or C$1.3328, which compares with Monday’s North American close of US$0.7494 or C$1.3344.
Crude oil prices held firm at a six-month high. West Texas Intermediate remained unchanged to trade at US$62.58 per barrel, while Brent Crude gained 15 cents to trade at US$69.52 per barrel.
Though stock futures continue to point higher, a recent report found U.S. companies added the fewest jobs in March since late 2017. Approximately 129,000 jobs were added, compared to 197,000 in February. This downshift in hiring indicates slowing global growth.
The TSX gained at 8:45 CDT, up 47.88 points at 16,311.37.
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