WINNIPEG – The Canadian dollar was relatively steady on Friday morning.
The loonie was at US$0.7339 or US$1=C$1.3626, up from US$0.7338 or US$1=C$1.3628 on Thursday.
The United States Dollar Index dropped 0.12 of a point at 104.13. There will be no trading in the U.S. on Monday due to the Memorial Day holiday.
Crude oil was on the rise as traders monitor negotiations between Democratic and Republican lawmakers over the U.S. debt ceiling. Brent crude oil added US$0.93 to US$77.19 per barrel. West Texas Intermediate (WTI) advanced US$1.05 at US$72.88/barrel.
The TSX/S&P Composite Index gained 146.01 points to 19,920.09.
Gold increased US$3.80 per ounce to US$1,947.50.
