WINNIPEG – The Canadian dollar moved upwards on Friday morning, looking to end the week on a high note.
The loonie was at US$0.7293 or US$1=C$1.3712, higher than Thursday’s close of US$0.7273 or US$1=C$1.3750. The United States Dollar Index shed 0.23 of a point to 104.11.
Crude oil prices recouped some of the losses suffered on Thursday. Brent crude oil gained US$1.33 at US$78.75 per barrel on Friday morning. West Texas Intermediate (WTI) was up US$1.17 at US$74.07/barrel.
The TSX/S&P Composite Index rose 87.09 points at 20,140.16.
Gold declined US$0.80 at US$1,986.50 per ounce.
