By Commodity News Service Canada
Winnipeg, April 2 – The Canadian dollar was unchanged against its US counterpart at midday Wednesday, as positive data about the US economy failed to sway the market.
Automatic Data Processing Inc. said US companies had accelerated their employment numbers in March, adding an estimated 191,000 jobs.
The June gold contract gained US$11.70 to hit US$1,291 an ounce on the New York Mercantile Exchange.
The earthquake in Chile has caused copper prices to recede significantly, after their soaring run in March.
At 11:50 CDT Wednesday, the Canadian dollar was trading at US$0.9066 or US$1.1030, which compares with Tuesday’s North American close of US$0.9065, or US$=$1.1032.
At 11:45 CDT Wednesday, the Toronto Stock Exchange was up 49.20 points to sit at 14,429.75.
