Canadian dollar and business outlook

By MarketsFarm

WINNIPEG, April 17 (MarketsFarm) – The Canadian dollar was firmer Friday morning, as talk of reopening economies in the wake of COVID-19 had investors showing an increased appetite for risk.
At 9:14 CDT Friday morning the Canadian dollar was at US$0.7126 or C$1.4033 which compares with Thursday’s North American close of US$0.7081 or C$1.4122.
Plans announced by U.S. President Donald Trump to gradually reopen the country’s economy gave a boost to equity markets on Friday, with other countries also looking into plans for easing restrictions.
Crude oil was holding relatively steady Friday morning.
The TSX was up by 284.07 points at 9:14 CDT to trade at 14,183.39 points.

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