By MarketsFarm
WINNIPEG, Aug. 27 (MarketsFarm) The Canadian dollar was showing some strength Tuesday morning, as a renewed sense of optimism in the global financial markets provided support.
At 9:13 CDT Tuesday morning the Canadian dollar was at US$0.7552 or C$1.3241 which compares with Monday’s North American close of US$0.7531 or C$1.3279.
While much uncertainty remains, U.S. President Donald Trump expressed confidence on Monday that a trade deal would soon be reached with China.
Crude oil was stronger in early trade, adding to the firmer tone in the energy-linked Canadian dollar.
The TSX was stronger Tuesday morning, up 86.78 points at 9:13 CDT to sit at 16,185.57.
