By MarketsFarm
WINNIPEG, July 23 (MarketsFarm) – The Canadian dollar was steady on Thursday morning.
At 9:10 CDT Wednesday morning the Canadian dollar was at US$0.7457 or US$1=C$1.3399, which compares with Wednesday’s North American close of US$0.7452 or US$1=C$1.3420.
Spiking COVID-19 cases have caused concerns that economic re-opening measures may soon be rolled back. Jobless claims in the United States rose by over 100,000 last week, totalling 1.4 million.
The TSX was down by 10.26 points at 9:10 CDT to trade at 16,158.36 points.
Crude oil prices were slightly weaker due to concerns of lower demand. West Texas Intermediate (WTI) was down 20 cents at US$41.70 per barrel. Brent Crude was down by 35 cents to trade at US$43.94.
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