By Commodity News Service Canada
Winnipeg, April 26 (CNS Canada) – The Canadian dollar was higher
against its U.S. counterpart on Thursday morning, taking strength
from advances in crude oil.
Gold bullion, silver, platinum, copper and natural gas were also
stronger, which helped prop up the commodity-rich loonie.
Ideas that new sanctions could be placed on Iran were bullish
for the Canadian dollar.
At 9:10 CDT Thursday morning the Canadian dollar was at
US$0.7787 or C$1.2842 which compares with Wednesday’s North American
close of US$0.7771 or C$1.2869.
At 9:10 CDT Thursday morning, the TSX was up 41.09 points, or
0.26%, at 15,550.84.