Glacier FarmMedia – The Canadian dollar made gains on Friday morning while crude oil showed mixed sentiment.
The loonie was at US$0.7241 or US$1=C$1.3810 as of 8:32 a.m. CDT, compared to Thursday’s close at US$0.7235 or US$1=C$1.3821. The United States Dollar Index was down 0.07 of a point at 98.75.
Statistics Canada reported today that the country’s economy added 14,000 jobs in March, while the unemployment rate remained at 6.7 per cent.
Uncertainty over the U.S.-Iran ceasefire ahead of talks tomorrow in Pakistan, and a possible agreement between Israel and Hezbollah had crude on either side of steady.
April West Texas Intermediate was up US$0.28 at US$98.16 per barrel. May Brent crude oil declined US$0.24 at US$95.68/barrel.
The TSX/S&P Composite Index rose 202.06 points at 33,679.77.
Gold dropped US$16.60 per ounce at US$4,801.40.
