Compiled by Glen Hallick, MarketsFarm
WINNIPEG, Dec. 30 (MarketsFarm) – The Canadian dollar pushed higher on Friday morning on the final day of trading for 2022.
As of 8:43 am CST, the loonie was at US$0.7387 or C$1.3540, compared to Thursday’s close of US$0.7376 or C$1.3557.
On the U.S. Dollar Index, the greenback stepped back 0.131 of a point at 103.455.
Benchmark crude oil prices were a pinch higher on Friday morning, as China grapples with its COVID-19 surge and Russia says it will ramp up diesel production.
Brent crude oil added 18 cents at US$83.64 per barrel. West Texas Intermediate (WTI) gained two cents at US$78.42/barrel. Meanwhile, Western Canadian Select (WCS) shed 18 cents at US$50.57/barrel.
Shortly after Friday’s open the TSX/S&P Composite Index eased back 34.11 points at 19,451.78.
Gold nudged up 40 cents at US$1,826.40 per ounce.
The North American markets are closed On Jan. 2 and will reopen the next day.
