By Commodity News Service Canada
WINNIPEG, March 13 – The Canadian dollar was mostly unchanged against its US counterpart in early activity on Monday.
Losses in the crude oil market were bearish for the commodity-linked Canadian dollar. Advances in the US dollar were tempered in positioning ahead of a US Federal Reserve policy meeting on Tuesday and Wednesday.
At 9:00 CDT Monday, the Canadian dollar was at US$0.7426 or US$=C$1.3466, which compares with Friday’s North American close of US$0.7427 or US$1=C$1.3464.
There was no significant economic data released by Statistics Canada on Monday.
The TSX was up 19.41 points at 9:00 CDT Monday morning to sit at 15,526.09.
