WINNIPEG – The Canadian dollar saw no change on Friday morning.
The loonie was at US$0.7252 or US$1=C$1.3790, unchanged from Thursday’s close, which is a four-month low. Statistics Canada (StatCan) reported today that the country added 21,800 jobs in February and the unemployment rate held steady at five per cent.
Meanwhile, the United States Dollar Index dropped 0.68 of a point at 104.62.
Crude oil was mixed as potential monetary tightening by the U.S. Federal Reserve and weakness in the greenback weighed against each other. Brent crude oil gained US$0.13 to US$81.72 per barrel. West Texas Intermediate (WTI) shed US$0.04 at US$75.68/barrel. Western Canadian Select (WCS) advanced US$0.54 to US$60.07/barrel.
The TSX/S&P Composite Index lost 169.23 points to 19.917.49.
Gold jumped US$18.30 per ounce to US$1,852.90.
