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Canadian dollar and business outlook

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Published: May 4, 2018

By Commodity News Service Canada

WINNIPEG, May 4 (CNS Canada) – The Canadian dollar was slightly weaker Friday morning, as general strength in the U.S. dollar internationally weighed on values.

At 9:41 CDT Friday morning the Canadian dollar was at US$0.7756 or C$1.2893, which compares with Thursday’s North American close of US$0.7775 or C$1.2862.

The U.S. currency was reacting to the latest trade developments with China, as the two countries reportedly reached an agreement on some aspects of their trade dispute but remain at odds over others.

Crude oil was slightly firmer in early activity.

The TSX was stronger at 9:41 CDT, up 28.68 points at 15,650.15.

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