By Commodity News Service Canada
Winnipeg, April 24 – The Canadian dollar was unchanged against its
US counterpart at midday Thursday, as it consolidated amid mixed news
for Canadian consumers.
Information showing spending was up in February after declining in
January reinforced earlier estimates of slow growth in the first
quarter, said an analyst.
Any break-outs by the loonie are expected to be at its
disadvantage, according to a report.
At 12:05 CDT Thursday, the Canadian dollar was trading at
US$0.9064 or US$1.1033, which compares with Wednesday’s North American
close of US$0.9065, or US$=$1.1032.
At 12:05 CDT Thursday, the Toronto Stock Exchange was up 44.11
points to sit at 14,577.50.
