By Commodity News Service Canada
Winnipeg, January 12 (CNS Canada) – The Canadian dollar was
stronger against its U.S. counterpart on Friday morning, pushed up
by gains in natural gas and gold bullion.
Canadian bonds have mostly been flat over the past day as
investors come to terms with reports that the U.S. will soon withdraw
from the North American Free Trade Agreement.
At 9:05 CST Friday morning the Canadian dollar was at US$0.7992
or C$1.2544 which compares with Thursday’s North American close of
US$0.7978 or C$1.2535.
Gains in the domestic energy sector have helped underpin the
S&P/TSX Composite Index. Both First Quantum and Encana chalked up
sizable gains late Thursday.
At 9:05 CST Friday morning, the TSX was up 38.99 points, or
0.24%, at 16,286.94.
