Canadian Dollar And Business Outlook

By Commodity News Service Canada

Winnipeg, September 27 – The Canadian dollar opened flat against
its US counterpart on Friday, amid slow trading as investors continue
to wait and see if US Congress will pass a bill to fund the US
government so it can continue operating when the new fiscal year starts
on October 1, industry watchers said.
Some weakness came from a Statistics Canada report that showed
earnings for non-farm payroll employees in July was unchanged from
June, analysts said.
Gains seen in commodities, including gold, copper, and crude oil,
were supportive
At 8:39 CDT Friday, the Canadian dollar was at US$0.9693 or
US$=C$1.0316 which compares with Thursday’s North American close of
US$0.9696, or US$=C$1.0313.
The TSX was up 1.44 points Friday morning at 8:39 CDT, to sit at
12,843.06.