By Commodity News Service Canada
WINNIPEG, Sep. 17 (CNS Canada) The Canadian dollar was slightly firmer Monday morning, with gains in crude oil providing some support for the energy-linked currency.
At 8:48 CDT Monday morning the Canadian dollar was at US$0.7681 or C$1.3019 which compares with Friday’s North American close of US$0.7673 or C$1.3033.
Foreign investment in Canadian securities hit C$12.7 billion in July, which was up from C$10.3 billion the previous month, according to a report from Statistics Canada. Meanwhile, Canadian investment in foreign securities rose to C$13.1 billion during the month, from C$11.2 billion in June.
Ongoing NAFTA negotiations kept some caution in the currency markets. Inflation data will also be released later in the week.
The TSX was stronger at 8:48 CDT, up 45.00 points at 16,058.49.
