Glacier FarmMedia – The Canadian dollar dropped to its lowest close since May on Thursday.
The loonie closed at US$0.7180 or US$1=C$1.3927, compared to US$0.7198 or US$1=C$1.3893 on Wednesday.
The United States Dollar Index was up 0.62 of a point on Friday at 98.49. New data suggested labour market conditions were improving, which may cause the Federal Reserve to rethink its plan on cutting key interest rates.
Crude oil prices were higher, recovering from earlier losses.
West Texas Intermediate gained US$0.32 per barrel at US$65.31. Brent crude oil rose US$0.36/barrel at US$69.67.
The TSX/S&P Composite Index declined 24.97 points at 29,731.98.
Gold added US$12.80 per ounce at US$3,780.90.
