By Commodity News Service Canada
WINNIPEG, Dec. 28 (CNS Canada) – The Canadian dollar is down Friday morning despite the Toronto Stock Exchange starting the day up 0.53 per cent.
At 8:52 CST Friday morning the Canadian dollar was at US$0.7329 or C$1.3640, which compares with Thursday’s North American close of US$0.7331 or C$1.3641.
The TSX/S&P Composite Index was up 75.02 points Friday morning at 14,240.23.
Following Thursday’s big rally in the United States stock markets, where they were down for most of session, they started Friday on the upside. The Dow Jones was up by 0.44 per cent, the S&P500 rose 0.34 per cent and the NASDAQ followed suit at 0.40 per cent.
Oil prices are up Friday morning. West Texas Intermediate crude is at US$45.10 per barrel after closing Thursday at US$44.61.
Gold is down Friday morning by 90 cents to US$1,280.20 per ounce.
