By Commodity News Service Canada
Winnipeg, June 5 – The Canadian dollar was slightly higher against its US counterpart at midday Thursday, as a rise in the base metals group helped offset a weak energy sector.
The gold sector led advancers, up 1.7% as the August contract climbed $10.80 to US$1,255.10 an ounce.
The energy sector led decliners falling 0.27%.
July copper dropped one cent to US$3.08 a pound, which was bearish.
The June crude oil contract fell 29 cents to US$102.35 a barrel.
At 11:40 CDT Thursday, the Canadian dollar was trading at US$0.9147 or US$1.0933, which compares with Wednesday’s North American close of US$0.9166, or US$=$1.0910.
At 11:40 CDT Thursday, the Toronto Stock Exchange was up 21.21 points to sit at 14,818.00.
