Glacier FarmMedia – The Canadian dollar was virtually unchanged on Thursday morning.
The loonie was at US$0.7368 or US$1=C$1.3572 as of 8:35 a.m. CST, compared to Wednesday’s close at US$0.7367 or US$1=C$1.3574. The United States Dollar Index was down 0.01 of a point at 96.82.
Crude oil prices pulled back after the International Energy Agency trimmed its demand forecast for 2026. West Texas Intermediate declined US$0.35 at US$64.28 per barrel. Brent crude oil dropped US$0.45 at US$68.95/barrel.
The TSX/S&P Composite Index dipped 3.39 points at 33,250.80.
Gold shed US$11.20 per ounce at US$5,087.30 as job data from the U.S. Labor Department released yesterday reduced the chances of a rate cut from the Federal Reserve.
