Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, as investors weighed the end of the government shutdown in the United States.
At 8:57 a.m. CST the Canadian dollar was trading at US$0.7133 or US$1=C$1.4019 which compares with Wednesday’s close of US$0.7140 or US$1=C$1.4005.
U.S. President Donald Trump signed the bill last night ending the 43-day shutdown after the House of Representatives passed the legislation earlier in the evening. Some economic data not released during the shutdown is expected to start slowly being published, while other key reports will likely be skipped.
Crude oil was firmer, seeing a modest recovery after Wednesday’s declines with West Texas Intermediate up by 0.80 per cent at US$58.96 per barrel.
The TSX lost 172.31 points at 8:57 CST to trade at 30,655.27.
