By MarketsFarm
WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar was higher on Thursday morning, looking to return above 73 U.S. cents.
As of 8:34 am CST, the loonie was at US$0.7298 or C$1.3702, compared to Wednesday’s close of US$0.7287 or US$1=C$1.3723. On the United States Dollar Index, the greenback dipped 0.050 of a point at 103.775.
The U.S. markets are closed today for Thanksgiving.
Benchmark crude oil prices were lower on Thursday morning, as OPEC+ deals with internal divisions over production cuts in the face of sufficient global supplies.
Brent crude oil lost US$1.66 at US$80.30 per barrel, and West Texas Intermediate gave up US$1.68 at US$75.42.
Shortly after Thursday’s open the TSX/S&P Composite Index bumped up 32.40 points at 20,146.66.
Gold tacked on 70 cents at US$1,993.50 per ounce.
