Canadian Forex Midday: C$ lower

By Commodity News Service Canada

Winnipeg, August 28 – The Canadian dollar was lower against its US
counterpart at midday Wednesday, as unfavourable global risk sentiment
due to tension in Syria offset gains seen in crude oil, market watchers
said.
Adding to the loonie’s weakness was a Statistics Canada report
that showed the weekly earnings of non-farm payroll employees were up
only 0.2% in June after a 1.2% increase in May.
At 11:32 CDT Wednesday, the Canadian dollar was trading at
US$0.9533 or US$1.0489, which compares with Tuesday’s North American
close of US$0.9547, or US$=$1.0474.
Traders are looking ahead to Friday’s release of Canada’s gross
domestic product for June.
At 11:32 CDT Wednesday, the Toronto Stock Exchange was up 79.52
points to sit at 12,670.73.