Canadian Dollar And Business Outlook

By Commodity News Service Canada

Winnipeg, July 29- The Canadian dollar opened flat on Monday as
traders were positioning themselves ahead of important US economic
growth data set to be released this week, analysts said.
Second quarter US GDP data and an announcement on interest rates
from the US Federal Reserve are scheduled for Wednesday.
At 8:33 CDT Monday, the Canadian dollar was at US$0.9733 or
US$=C$1.0274 which compares with Friday’s North American close of
US$0.9734, or US$=C$1.0273.
US home sales data is also set to be released later today.
The TSX was down 13.45 points Monday morning at 8:33 CDT, to sit
at 12,634.45.