By Commodity News Service Canada
WINNIPEG, April 13 (CNS Canada) – The Canadian dollar was stronger Thursday morning, as solid domestic economic data, advances in crude oil, and broad-based weakness in the US currency all provided support.
At 9:22 CDT Thursday morning the Canadian dollar was at US$0.7540 or C$1.3263 which compares with Wednesday’s North American close of US$0.7534 or C$1.3273.
Monthly Canadian manufacturing sales were down by 0.2 per cent in February, according to a report from Statistics Canada. However, the decline was much less than had been anticipated.
The US dollar was under pressure in the world markets following comments from President Donald Trump that the currency was “getting too strong.”
Markets will be closed April 14 for Good Friday.
The TSX was down by 18.64 points at 9:22 CDT to sit at 15,629.76.
