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Canadian Dollar And Business Outlook

Winnipeg, MB, January 12, 2018 (CNS Canada), Jan 12, 2018 (Commodity News Service Canada, Inc. via COMTEX) --

The Canadian dollar was stronger against its U.S. counterpart on Friday morning, pushed up by gains in natural gas and gold bullion.

Canadian bonds have mostly been flat over the past day as investors come to terms with reports that the U.S. will soon withdraw from the North American Free Trade Agreement.

At 9:05 CST Friday morning the Canadian dollar was at US$0.7992 or C$1.2544 which compares with Thursday's North American close of US$0.7978 or C$1.2535.

Gains in the domestic energy sector have helped underpin the S&P/TSX Composite Index. Both First Quantum and Encana chalked up sizable gains late Thursday.

At 9:05 CST Friday morning, the TSX was up 38.99 points, or 0.24%, at 16,286.94.

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Lt Crude 5834.60
Nat Gas 3.248
Corn 352
Cotton #2 83.41
Gold 121.9
Copper 3.2015
Euro 1.23040
USD Index 90.191
SP500 E-mini 2835.50
DJIA E-mini 26205