By Commodity News Service Canada
Winnipeg, April 3 – The Canadian dollar rose slightly Thursday morning as new information showed the country reported a small trade surplus in February.
The C$290 million surplus was above expectations and a potential signal the improving US economy is helping Canadian exporters, an analyst said.
Canadian exports to the US in February increased by 4.4%.
At 8:50 CDT Thursday, the Canadian dollar was at US$0.9071 or US$=C$1.1024 which compares with Wednesday’s North American close of US $0.9062, or US$=C$1.1035.
The TSX was down 14.84 points Thursday morning at 8:50 CDT, to sit at 14,444.27.
