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Canadian Dollar And Business Outlook

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Published: March 23, 2017

By Commodity News Service Canada

Winnipeg, March 23 – The Canadian dollar was slightly lower
compared to its US counterpart Thursday morning, tracking losses in
crude oil.
Advances in gold bullion, silver and natural gas helped limit
the downturn.
At 8:48 CST Thursday morning the Canadian dollar was at
US$0.7497 or C$1.3339 which compares with Wednesday’s North American
close of US$0.7504 or C$1.3327.
At 8:48 CST Thursday morning, the TSX was up 4.27 points, or
0.03%, at 15,352.73.
Traders are evaluating their next move in the wake of the recent
sell-off, an analyst said.
The number of Canadians receiving employment insurance benefits
declined in January by 0.3 per cent.

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