Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, backing away from the eight-day high relative to its United States counterpart hit on Wednesday.
At 9:15 a.m. CDT the Canadian dollar was trading at US$0.7268 or US$1=C$1.3759 which compares with Wednesday’s close of US$0.7275 or US$1=C$1.3746.
Crude oil was firm in early trade, with West Texas Intermediate up 0.26 per cent at US$64.52 per barrel.
The TSX backed away from its record highs, down 25.55 points at 9:15 CDT to trade at 27,895.32.
