By Commodity News Service Canada
WINNIPEG, July 23 (CNS Canada) The Canadian dollar was holding near unchanged Monday morning, seeing some consolidation to start the week after posting large gains on Friday.
At 8:59 CDT Monday morning the Canadian dollar was at US$0.7602 or C$1.3154 which compares with Friday’s North American close of US$0.7609 or C$1.3142.
Canadian economic data released this morning showed wholesale sales increased by 1.2 per cent in May to hit a record of C$63.7 billion, according to a report from Statistics Canada. Sales were up in four of seven subsectors, with the largest gains in the miscellaneous and building material and supplies subsectors.
The TSX was weaker at 8:59 CDT, down 10.24 points at 16,425.22.
