Canadian Financial Close: C$ firm Friday, but still down on week

Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday but was still down on a weekly basis for the fourth week in a row.

     The Canadian dollar settled at US$0.7125 or US$1=C$1.4035, which compares with Thursday’s close of US$0.7118 or US$1=C$1.4048.

     The continued shutdown of the U.S. government and resulting lack of economic data remained a feature in the financial markets.

     West Texas Intermediate crude oil was up by 0.23 per cent at US$57.59 per barrel.

     The TSX Composite Index lost 350.32 points at 30,108.48 points.

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