By Commodity News Service Canada
Winnipeg, February 10 – The Canadian dollar was stronger
compared to its US counterpart Friday morning, on news the Canadian
economy added 48,300 jobs in January. Most of the positions were
part-time but roughly 15,800 were full-time.
The unemployment rate declined to 6.8 percent from 6.9 percent
in December.
At 8:59 CST Friday morning the Canadian dollar was at US$0.7647
or C$1.3077 which compares with Thursday’s North American close of
US$0.76010 or C$1.3141.
At 8:59 CST Friday morning, the TSX was up 68.64 points, or
0.44%, at 15,685.94. The index briefly touched an all-time high of
15,689.26 earlier in the morning.
Higher oil prices continued to bolster energy stocks while
losses in gold bullion limited the advances.
