By MarketsFarm
WINNIPEG, Sept. 7 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday morning, despite a bump up in the United States dollar and slight losses in crude oil prices.
As of 8:33 am CDT, the loonie was at US$0.7325 or C$1.3658, compared to Wednesday’s close of US$0.7324 or US$1=C$1.3654. On the U.S. Dollar Index, the greenback tacked on 0.210 of a point at 104.665.
Benchmark crude oil prices eased back on Thursday morning, as the market waits for the weekly report on U.S. inventories.
Brent crude oil slipped 17 cents at US$90.43 per barrel, West Texas Intermediate gave up 24 cents at US$87.30, and Western Canadian Select shed 51 cents US$69.20.
Shortly after Thursday’s open the TSX/S&P Composite Index dipped 9.24 points at 20,217.72.
Gold added US$1.80 at US$1,946.00 per ounce.
