Canadian Forex Midday: C$ Weaker

By Commodity News Service Canada

Winnipeg, July 26 – The Canadian dollar was weaker against its US
counterpart at midday Friday, undermined by losses in commodities,
including crude oil, gold and copper.
Traders are also positioning themselves ahead of next Wednesday’s
Federal Reserve meeting. Economists expect the Fed to continue their
bond-buying program.
No major Canadian or US economic data is scheduled to be released
today.
At 11:33 CDT Friday, the Canadian dollar was trading at US$0.9726
or US$1.0281, which compares with Thursday’s North American close of
US$0.9743, or US$=$1.0264.
At 11:33 CDT Friday, the Toronto Stock Exchange was down 22.71
points to sit at 12,646.43.