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Canadian Dollar And Business Outlook

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Published: January 27, 2017

By Commodity News Service Canada

Winnipeg, January 27 – The Canadian dollar was lower compared
to its US counterpart Friday morning, in sympathy with falling crude
oil prices.
Losses in copper, silver and natural gas also contributed to
the weakness.
At 8:55 CST Friday morning the Canadian dollar was at US$0.7624
or C$1.3089 which compares with Thursday’s North American close of
US$0.7635 or C$1.3116.
At 8:55 CST Friday morning, the TSX was down 5.53 points, or
0.01%, at 15,608.50.
Real estate markets in North America were weakened by reports
that China will crack down on foreign investment to curb capital
flight.

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