Canadian dollar and business outlook

By MarketsFarm

WINNIPEG, Nov. 26 (MarketsFarm) – The Canadian dollar was holding relatively steady Thursday morning in thin trade. Many investors were keeping to the sidelines, with markets in the United States closed for Thanksgiving.
At 8:41 CST Thursday morning the Canadian dollar was at US$0.7688 or C$1.3007 which compares with Wednesday’s North American close of US$0.7691 or C$1.3003.
Crude oil was slightly weaker in early trade, seeing a modest correction after climbing sharply higher in recent days.
West Texas Intermediate crude oil was down 0.8 per cent, at US$45.34 per barrel.
The TSX was up by 2.69 points at 8:41 CST to trade at 17,315.76 points.


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