37238
33941
S&P/TSX
15295.20
+57.45
+0.38%
S&P-CDNX
749.50
-0.47
-0.06%
S&P-500
2246.19
+4.84
+0.22%
NASDAQ
5417.36
+23.59
+0.44%
Dow
19614.81
+65.19
+0.33%
Dollar
0.7567
-0.0007
-0.09%
Oil
50.96
+0.12
+0.24%
Gold
1167.70
-2.10
-0.18%
Silver
17.01
-0.19
-1.12%


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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