By Commodity News Service Canada
WINNIPEG, Nov. 16 (CNS Canada) The Canadian dollar was slightly firmer Thursday morning, as better-than-expected manufacturing data provided some support.
At 9:57 CST Thursday morning the Canadian dollar was at US$0.7842 or C$1.2752 which compares with Wednesday’s North American close of US$0.7829 or C$1.2773.
Statistics Canada reported a 0.5 per cent increase in manufacturing sales in September, hitting C$53.7 billion. The increase came in well above average pre-report expectations that had called for a slight decline on the month.
Losses in crude oil tempered the upside in the energy-linked currency.
The TSX was stronger at 9:57 CST, up 65.95 points at 15,944.43.
