Canadian Dollar and Business Outlook

By Commodity News Service Canada

WINNIPEG, Feb. 27 (CNS Canada) The Canadian dollar was holding near unchanged Monday morning, lacking any clear direction to start the week.

At 8:45 CST Monday morning the Canadian dollar was at US$0.7628 or C$1.3109 which compares with Friday’s North American close of US$0.7628 or C$1.3109.

Crude oil was firmer in in early activity, which provided some underlying support for the energy-linked Canadian dollar.

There were no significant domestic economic releases on Monday.

The TSX was down by 55.64 points at 8:45 CST to sit at 15,477.83.