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Canadian Dollar And Business Outlook

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Published: February 13, 2017

By Commodity News Service Canada

Winnipeg, February 13 – The Canadian dollar was slightly
stronger compared to its US counterpart Monday morning, as Prime
Minister Justin Trudeau prepared to meet with US President Donald
Trump for the first time.
The loonie continued to take strength from Friday’s jobs report,
which showed Canada added 48,000 jobs last month.
At 9:05 CST Monday morning the Canadian dollar was at US$0.7647
or C$1.3077 which compares with Friday’s North American close of
US$0.7642 or C$1.3085.
At 9:05 CST Monday morning, the TSX was up 39.34 points, or
0.25%, at 15,768.46.
The TSX hit another record high on Monday as robust gains in
the financials sector pointed the way forward.
The move was made all the more remarkable as both oil prices
and gold bullion values declined early Monday.

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