Compiled by Glen Hallick, MarketsFarm
WINNIPEG, Sept. 16 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday morning, despite stronger a United States dollar and declines in crude oil prices.
As of 8:35 CDT, the Canadian dollar was at US$0.7906 or C$1.2652 compared to Wednesday’s close of US$0.7905 or C$1.2651.
On the U.S. Dollar Index, the greenback gained 0.346 at 92.880 points.
Benchmark crude oil prices were slightly lower Thursday morning as the threat posed by Hurricane Nicholas diminished as it passed through Texas.
West Texas Intermediate (WTI) lost 18 cents at US$72.43 per barrel. Brent crude oil was down 19 cents at US$75.27 per barrel. Western Canadian Select (WCS) decreased 51 cents at US$59.98 per barrel.
At the opening the TSX/S&P Composite Index stepped back 30.37 points at 20,654.39.
Gold plummeted US$35.00 at US$1,759.80 per ounce.
