WINNIPEG – The Canadian dollar slipped further away from 78 United States cents on Thursday.
As of 8:38 a.m. CDT, the loonie was at US$0.7779 or US$1=C$1.2855, compared to US$0.7795 or US$1=C$1.2828 on Wednesday. The U.S. Dollar Index gained 0.72 of a point at 103.67, where the index hasn’t reached since November 2002.
Brent crude oil slipped US$0.27 per barrel to US$105.05. West Texas Intermediate (WTI) was down US$0.20 to US$101.82/barrel. Western Canadian Select (WCS) dropped US$0.21 to US$88.86/barrel.
The TSX/S&P Composite Index is off to a healthy start, gaining 174.37 points to 20,918.60.
Gold lost US$2.90 per ounce to US$1,885.80.
