TORONTO - The Canadian dollar was higher Wednesday amid a better than expected showing in retail sales during May.
The loonie was up 0.18 of a cent to 93.32 cents US.
Statistics Canada reported that retail sales rose 0.7 per cent during May, which was higher than the 0.6 per cent hike that economists had expected.
However, excluding autos, retail sales rose only 0.1 per cent, short of the 0.3 per cent gain that was forecast.
On the commodity markets, September crude in New York rose 10 cents to US$102.49 a barrel.
August gold gained $3.70 to US$1,310 an ounce while September copper was unchanged at US$3.21 a pound.