By Commodity News Service Canada
Winnipeg, August 18 – The Canadian dollar rose against its US counterpart on Friday morning, pushed higher by advances in gold bullion.
Canada’s all-items consumer-price index in July rose 1.2% from a year earlier. The rise matched analysts’ expectations, according to The Royal Bank of Canada.
At 8:45 CDT Friday morning the Canadian dollar was at US$0.7945 or C$1.2587 which compares with Thursday’s North American close of US$0.7907 or C$1.2647.
At 8:45 CDT Friday morning, the TSX was down 90.79 points, or 0.60%, at 14,942.85.
