By Commodity News Service Canada
Winnipeg, June 2 – The Canadian dollar was relatively unchanged
against its American counterpart on Friday, as strong domestic
economic news offset losses in crude oil.
Canada’s labour productivity advanced 1.4% in the first
quarter, which exceeded market expectations.
The country’s trade deficit also narrowed in to C$370 million.
At 8:58 CDT Friday morning the Canadian dollar was at US$0.7398
or C$1.3517 which compares with Thursday’s North American close of
US$0.7407 or C$1.3500.
At 8:58 CDT Friday morning, the TSX was down 23.81 points, or
0.15%, at 15,446.10.
