33585
31372
S&P/TSX
14681.97
+42.09
+0.29%
S&P-CDNX
805.93
+0.40
+0.05%
S&P-500
2180.38
+11.34
+0.52%
NASDAQ
5232.33
+13.41
+0.26%
Dow
18502.99
+107.59
+0.58%
Dollar
0.7678
+0.0001
+0.01%
Oil
47.19
+0.21
+0.45%
Gold
1327.40
+0.30
+0.02%
Silver
18.76
-0.01
-0.04%


Squeeze in the US boosts buck

The Canadian dollar touched a three-week high Friday morning.

The loonie was up 0.19 of a cent at 98.01 cents US shortly before stock markets opened, shortly after hitting its highest point since mid-February.

In the United States, a spike in gas prices drove up expenses in February. The Labor Department says consumer prices increased a seasonally adjusted 0.7 per cent last month from January, the biggest rise since June 2009. Three-fourths of the increase reflected a 9.1 per cent surge in gas prices.

And Statistics Canada said national net worth increased to $6.9 trillion in the fourth quarter, up one per cent from the third quarter of 2012.

In commodities, April bullion rose $1.40 to US$1,592.10 an ounce, while May copper gained 0.7 of a cent to US$3.54 a pound.

The April crude contract on the New York Mercantile Exchange added 50 cents to US$93.53 a barrel.



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