By Commodity News Service Canada
WINNIPEG, February 3 – The Canadian dollar held steady against its US counterpart in early activity on Friday.
The greenback was underpinned by American jobs data, but average earnings limited the upside. At the same time, sluggish crude oil futures didn’t allow for much fluctuation in the commodity-linked Canadian dollar.
At 8:50 CST Friday, the Canadian dollar was at US$0.7681 or US$=C$1.3019, which compares with Thursday’s North American close of US$0.7680 or US$1=C$1.3020.
There was no significant economic data released by Statistics Canada on Friday.
The TSX was up 19.19 points at 8:50 CST Friday morning to sit at 15,418.30.
