By Commodity News Service Canada
Winnipeg, August 20 (CNS Canada) – The Canadian dollar was
holding steady against its U.S. counterpart Monday morning.
Gains in gold bullion and crude oil prices were supportive for
the commodity-backed currency while softness in natural gas was
bearish.
The loonie continued to take strength from inflation data
released on Friday.
At 8:58 CDT Monday morning the Canadian dollar was at US$0.7641
or C$1.3087, which compares with Friday’s North American close of
US$0.7645 or C$1.3081.
At 8:58 CDT Monday morning, the TSX was up 8.04 points, or 0.05%,
at 16,331.75.
