By Commodity News Service Canada
WINNIPEG, April 20 The Canadian dollar was holding steady relative to its US counterpart Monday morning, lacking any clear direction as the currency pair saw some consolidation.
At 9:00 CDT Monday morning the Canadian dollar was at US$0.8180 or C$1.2225 which compares with Friday’s North American close of US$0.8178, or C$1.2228.
While the Canadian currency was holding steady against the US dollar, it was firmer against most other international currencies.
A softer tone in crude oil did put some pressure on the energy-linked Canadian dollar.
The TSX was higher in early activity, up 90.14 points at 9:00 CDT to sit at 15,540.69.
