Canadian dollar and business outlook

WINNIPEG, July 3 (MarketsFarm) – The Canadian dollar was stronger on Friday.

     At 8:55 CDT Friday morning the Canadian dollar was at US$0.7369 or US$1=C$1.3581, which compares with Thursday’s North American close of US$0.7361 or US$1=C$1.3586.

United States markets are closed for the Independence Day long weekend, with many market participants around the world opting to stay to the sidelines in early morning trade.

The TSX was down by 3.27 points at 9:00 CDT to trade at 15,619.53 points.

Crude oil prices were weaker to start the day. West Texas Intermediate (WTI) was down by 59 cents at US$40.06 per barrel. Brent Crude was down by 63 cents to trade at US$42.51.

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