By MarketsFarm
WINNIPEG, June 26 (MarketsFarm) – The Canadian dollar was stronger Monday morning, nearing the psychological 75 U.S. cents level.
At 8:49 a.m. CDT Monday morning the Canadian dollar was at US$0.7597 or US$1=C$1.3163, which compares with Friday’s close of US$0.7576 or US$1=C$1.3199.
There were no significant domestic economic releases on Monday, with investors awaiting inflation data on Tuesday and the Bank of Canada’s business outlook survey on Friday.
Crude oil was holding near unchanged, with West Texas Intermediate up by 0.16 per cent at US$69.27 per barrel.
The TSX was stronger, gaining 82.21 points at 8:49 CDT, trading at 19,500.44 points.
