The Canadian dollar is unchanged in the Wednesday session. In North American trade, USD/CAD is trading at 1.3270. On the release front, the US releases JOLTS Job Openings, with the indicator expected to rise to 5.53 million.
The Canadian dollar added 0.27 of a cent at 75.55 cents US. In the U.S., stock markets were mixed. The Dow Jones industrial average gained 11.36 points at 19,263.14, while the S&P 500 added 1.88 points at 2,214.11.
The Canadian dollar is unchanged in the Tuesday session. In North American trade, USD/CAD is trading at 1.3280. On the release front, Canada's trade deficit narrowed to C$1.1 billion, smaller than the estimate of C$2.1 billion.
“Everything went well for the Canadian dollar this week,” said Adam Button, currency analyst at ForexLive, including an agreement by the Organization of the Petroleum Exporting Countries to cut output, as well as stronger-than-expected gross domestic ...
On Wednesday, optimism over the OPEC deal had a positive effect on the stock market, driving the commodity-heavy S&P/TSX composite index in Toronto up 83.04 points, with the energy sector recording the largest rise, surging by nearly eight per cent.