By MarketsFarm
WINNIPEG, Nov. 27 (MarketsFarm) The Canadian dollar was slightly stronger on Wednesday morning, holding on to gains made last week.
At 8:40 CST, the Canadian dollar was at US$0.7538 or C$1.3266, which compares with Tuesday’s North American close of US$0.7526 or C$1.3288.
Global stocks were mostly higher ahead of the United States’ Thanksgiving weekend, hovering around record highs. U.S. President Donald Trump has said the U.S. remains close to a trade deal with China.
Oil prices were steady following reports that U.S. crude inventories were slightly higher than expected. Brent Crude was up by eight cents at US$64.32 per barrel, and West Texas Intermediate (WTI) was down by eight cents at US$58.33 per barrel.
The TSX was unchanged at 8:55 CST at 17,035.82. The S&P 500 Index was up 3.79 points to hit 3,144.43. The Dow Jones lost 17.30 points at 28,103.07. The NASDAQ increased, up 14.85 to hit 8,663.36.
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