By Commodity News Service Canada
WINNIPEG, March 16 (CNS Canada) – The Canadian dollar was weaker Friday morning, seeing some follow-through selling pressure after Thursday’s break lower.
At 9:04 CDT Friday morning the Canadian dollar was at US$0.7647 or C$1.3077, which compares with Thursday’s North American close of US$0.7673 or C$1.3032.
Canadian manufacturing sales were down by 1.0 per cent in January, hitting C$54.9 billion, according to a report from Statistics Canada. The decline was larger than average pre-report estimates from economists.
Ongoing uncertainty over NAFTA trade negotiations kept some caution in the currency market.
The TSX was stronger at 9:04 CDT, up 68.12 points at 15,738.74.
