By MarketsFarm
WINNIPEG, June 13 (MarketsFarm) The Canadian dollar was slightly weaker Thursday morning.
At 8:50 CDT Wednesday morning the Canadian dollar was at US$0.7505 or C$1.3324 which compares with Wednesday’s North American close of US$0.7517 or C$1.3303.
Two oil tankers were reportedly attacked in the Gulf of Oman, causing crude oil prices to climb higher. Both tankers were adrift and one was reportedly on fire. The attacks, one possibly caused by magnetic mines and the other by a torpedo, marked the second suspected attacks in the region of the past month.
In domestic data, Canada’s new house price index held steady in April compared to the previous month, according to a report from Statistics Canada. Nationally, prices were up by 0.1 per cent on an annual basis, with gains in some regions offset by declines elsewhere.
The TSX was stronger Thursday morning, up 36.22 points at 8:50 CDT to sit at 16,263.46.
