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Canadian Dollar And Business Outlook

Published: April 1, 2014

By Commodity News Service Canada

Winnipeg, April 1 – The Canadian dollar was slightly higher Tuesday morning, but is unlikely to make any major gains before the release of North American March jobs data, due out later this week.

On Wednesday, the US will release information about job numbers in the private-sector, while both the US and Canada will release employment data for March on Friday.

At 8:55 CDT Tuesday, the Canadian dollar was at US$0.9052 or US$=C$1.1047 which compares with Monday’s North American close of US $0.9046, or US$=C$1.1055.

The TSX was up 22.90 points Tuesday morning at 8:55 CDT, to sit at 14,358.21.

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