Canadian Dollar And Business Outlook

By Commodity News Service Canada

Winnipeg, March 28 – The Canadian dollar was relatively unchanged Friday morning, in the absence of strong domestic data.

A new report by the Bank of Nova Scotia calls for the loonie to stay below 90 cents US through the end of next year.

At 8:50 CDT Friday, the Canadian dollar was at US$0.9050 or US$=C$1.1050 which compares with Thursday’s North American close of US $0.9065, or US$=C$1.1032.

The TSX was up 53.20 points Friday morning at 8:50 CDT, to sit at 14,232.04.

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