By Glen Hallick
Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning, getting little direction from the United States dollar and crude oil.
As of 8:33 am CST, the loonie was at US$0.7260 or US$1=C$1.3775, compared to Wednesday’s close of US$0.7256 or US$1=C$1.3782.
On the U.S. Dollar Index, the greenback dipped 0.012 of a point at 97.990.
Benchmark crude oil prices were higher on Thursday morning, as increased tensions between the U.S. and Venezuela edged out ample global supplies.
West Texas Intermediate climbed 56 cents at US$56.50 per barrel and Brent crude rose 45 cents at US$60.13/barrel.
In morning activity, the TSX/S&P Composite Index advanced 202.66 points at 31,452.68.
Gold was down US$8.40 at US$4,365.50 per ounce.
