Glacier FarmMedia – The Canadian dollar eased off for the second straight day on Thursday.
The loonie closed at US$0.7350 or US$1=C$1.3605, compared to US$0.7367 or US$1=C$1.3574 on Wednesday.
The United States Dollar Index edged upwards by 0.09 of a point at 96.93.
Crude oil prices suffered losses on Thursday after the International Energy Agency trimmed its demand forecast for 2026.
West Texas Intermediate dropped US$1.73 per barrel at US$62.90. Brent crude oil fell US$1.82/barrel at US$67.58.
A sharp drop in tech stocks led the TSX/S&P Composite Index to tumble 788.91 points at 32,465.28.
Gold lost US$161.30 per ounce at US$4,937.20 as recent job data in the U.S. quieted speculation of a rate cut at the Federal Reserve.
