The Market Direction Outlook for the Toronto Stock Exchange for Friday was for the TSX to move higher.
A lot depended on the price of oil and the US dollar and both were co-operating on Friday. The US dollar pulled back, our dollar rallied and the price of oil rose $1.76 to $45.72 with the May contract higher by $1.04 to $46.57.
All of this assisted Toronto on Friday which closed up 68.48 to $14,942.41. The question now is whether the US dollar will stop rising and oil stop falling.
The rest of this TSX Market Direction Outlook article is for FullyInformed Canada members.
For FullyInformed Canada members, here is the Market Direction Outlook for the Toronto Stock Exchange for March 23 2015.
TSX Market Direction Outlook for March 23 2015
FullyInformed Canada Members can login through this link to read the latest market direction outlook for the Toronto Stock Exchange or members can sign in to the full Canada members site here. Investors can join FullyInformed’s Canada section or read about the benefits of being a member through this link.
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