By Commodity News Service Canada
WINNIPEG, March 24 (CNS Canada) The Canadian dollar was weaker Thursday morning, as losses in crude oil and other outside markets weighed on values.
At 8:57 CDT Thursday morning the Canadian dollar was at US$0.7531 or C$1.3278 which compares with Wednesday’s North American close of US$0.7568 or C$1.3214.
Crude oil was down by over a dollar per barrel, as large US stockpiles weighed on values for the second day in a row.
In domestic data, the number of Canadians receiving Employment Insurance benefits held steady at 543,100 in January, compared to the previous month. However, Statistics Canada said seven provinces saw an increase in the number of beneficiaries.
The TSX was weaker, down 90.39 points at 8:57 CDT to sit at 13,289.09.
