By Commodity News Service Canada
Winnipeg, October 18 – The Canadian dollar strengthened against
its US counterpart at midday Friday, supported by positive Canadian
economic data, market watchers said.
Statistics Canada reported that the year-over-year consumer price
index for September was up 1.1%, matching August’s increase.
Gains seen in commodities, including crude oil and copper, added
to the bullish tone.
At 11:32 CDT Friday, the Canadian dollar was trading at US$0.9724
or US$1.0283, which compares with Thursday’s North American close of
US$0.9715, or US$=$1.0293.
At 11:32 CDT Friday, the Toronto Stock Exchange was up 85.08
points to sit at 13,121.44.
