The Canadian dollar was lower Friday morning after the latest report from on the Canadian economy and weaker gold prices.
The loonie dipped 0.09 of a cent (U.S.) to 101.86 cents shortly before stock markets opened.
Statistics Canada said the economy grew by 0.2 per cent in July, after a downwardly revised 0.1 per cent rise in June. The July figure was better than the 0.1 per cent expected by analysts.
In commodities, December bullion decreased $2.30 (U.S.) to $1,778.20 an ounce. December copper was up one cent to $3.76 a pound (U.S.).
November crude on the New York Mercantile Exchange moved down $1.07 (U.S.) to $91.82 a barrel.
via Globe and Mail
