By Commodity News Service Canada
WINNIPEG, November 25 – The Canadian dollar was mostly unchanged against its US counterpart in early activity on Friday.
Losses in crude oil had a bearish effect on the commodity-linked loonie, but on the other side of the border, retreating bond yields pressured the greenback, which balanced the market.
At 8:45 CST Friday, the Canadian dollar was at US$0.7411 or US$=C$1.3493, which compares with Thursday’s North American close of US$0.7412 or US$1=C$1.3491.
There was no significant data released by Statistics Canada on Friday.
The TSX was down 12.02 points at 8:45 CST Friday morning to sit at 15,063.18.