By Commodity News Service Canada
Winnipeg, April 7 – The Canadian dollar fell slightly Monday morning as investors waited to see the Bank of Canada’s quarterly business outlook.
The report is reviewed closely for its potential impact on the policy direction for Canada’s central bank.
RBC’s one-month economic surprise index for Canada is at its strongest point since early December.
At 8:50 CDT Monday, the Canadian dollar was at US$0.9096 or US$=C$1.1099 which compares with Friday’s North American close of US $0.9107, or US$=C$1.1098.
The TSX was down 14.66 points Friday morning at 8:50 CDT, to sit at 14,378.44.