The Canadian dollar declined versus the US dollar on Thursday, as the latter rebounded and oil prices slumped.

US crude fell 60 cents at $60.82 a barrel, while Brent crude oil for July lost 51 cents at $65.19 a barrel.

The loonie traded at 81.32 US cents from Wednesday’s 81.55 US cents.

In Canada, industrial capacity slid 82.7% in the 1st quarter, from 83.5% in the previous quarter. New home prices inched up 0.1% in April.

The material has been provided by InstaForex Company – www.instaforex.com

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