By MarketsFarm
WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was holding steady Monday morning, with a firm tone in crude oil providing some underlying support.
At 9:06 CDT Monday morning the Canadian dollar was at US$0.7519 or C$1.3300 which compares with Friday’s North American close of US$0.7509 or C$1.3317.
Crude oil prices were up to start the week as solid demand and supply concerns in some producing regions provided support.
However, uncertainty ahead of trade talks between the United States and China this week kept some caution in currency markets.
The TSX was weaker Monday morning, down 35.34 points at 9:06 CDT to sit at 16,413.81.
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