By Commodity News Service Canada
Winnipeg, June 11 (CNS Canada) – The Canadian dollar was lower
against its U.S. counterpart on Monday morning, weighed down by
losses in crude oil prices.
Advances in the natural gas sector and gold bullion were
supportive for the commodity-backed currency.
At 9:00 CDT Monday morning the Canadian dollar was at US$0.7715
or C$1.2962 which compares with Tuesday’s North American close of
US$0.7757 or C$1.2891.
At 9:00 CDT Monday morning, the TSX was up 32.64 points, or
0.20%, at 16,235.33. Advances in the banking sector helped prop up
the stock market.
