Loonie, Canadian Stocks Set to Open Higher

Several iconic Canadian companies have reported dramatic increases in both revenue and profit this week, boosting the Canadian dollar by more than half a cent to 97.45 US cents. The Toronto Stock Exchange (TSX) is also expected to open higher this morning as additional earnings reports are made public.

Source: The Canadian Press

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.