Glacier FarmMedia — The Canadian dollar was stronger Friday morning, as markets watched for any developments from talks between the United States and Iran.
- At 9:11 a.m. CST the Canadian dollar was trading at US$0.7332 or US$1=C$1.3639 which compares with Thursday’s close of US$0.7312 or US$1=C$1.3676.
- Canada’s unemployment rate fell to 6.5 per cent in January, down 0.3 percentage points from December as fewer people were looking for work. Employment was down by 24,800 jobs, with overall employment down 0.1 percentage points at 60.8 per cent.
- Gold was up by 1.81 per cent at US$4,977.90 per ounce.
- Crude oil was lacking any clear direction, with West Texas Intermediate down by 0.33 per cent at US$63.08 per barrel.
- The TSX was 371.94 points higher at 9:11 CST to trade at 32,366.54.
