Canadian Dollar: Cents u.s and Photo Everything

canadian dollar: The Canadian dollar traded down at 75.80 cents U.S. compared with an average of 76.60 cents U.S. on Friday, according to The Toronto Star. JONATHAN HAYWARD / THE CANADIAN PRESS file photo Everything seems to be taking their cues from the U.S. dollar, said Craig Jerusalim, portfolio manager at CIBC Asset Management. The Canadian dollar closed at its lowest level in more than a month Tuesday, closing at 75.86 cents U.S. compared with an average of 76.60 cents U.S. on Friday. A stronger U.S. dollar which is bad for emerging markets, not good for trade, commodities are all weaker and as a result Canadian equity markets are in the red for the most part. That adds to a 108.67-point decline on Friday amid uncertainty about Canada's trade talks with the United States. The S&P/TSX composite index was down 101.58 points at 16,161.30, after hitting a low of 16,152.17 on 239.4 million shares traded. (news.financializer.com). As reported in the news.

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