By MarketsFarm
WINNIPEG, Feb. 6 (MarketsFarm) The Canadian dollar was steady on Thursday, as global markets have bounced back from the initial panic of China’s coronavirus outbreak.
At 8:35 CST, the Canadian dollar was at US$0.7528 or C$1.3284, which compares with Wednesday’s North American close of US$0.7525 or C$1.3289.
Stock indexes started the morning on a positive note, boosted by an announcement that China will cut tariffs on United States imports as early as next week.
The TSX was higher at 8:45 CST, up by 19.23 points at 17,672.43. The S&P 500 Index was up 7.46 points to hit 3,342.96. The Dow Jones gained 74.89 points at 29,373.38. The NASDAQ also increased, up 40.71 to hit 9,522.84.
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