Canadian Financial Close: C$ steady Friday

Glacier FarmMedia — The Canadian dollar held steady on Friday as investors squared positions ahead of the weekend.

The Canadian dollar settled at US$0.7243 or US$1=C$1.3806, which was unchanged with Thursday’s close.

A meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska was being followed closely.

Crude oil softened Friday, with West Texas crude oil down by 1.25 per cent at US$63.16 per barrel.

The TSX Composite Index was down 10.50 points at 27,905.49 points.