By Commodity News Service Canada
WINNIPEG, Sep. 21 (CNS Canada) The Canadian dollar was holding steady Friday morning, seeing some consolidation after hitting its highest levels in weeks relative to its United States counterpart.
At 8:36 CDT Friday morning the Canadian dollar was at US$0.7743 or C$1.2915 which compares with Thursday’s North American close of US$0.7749 or C$1.2905.
Canadian retail sales were up 0.3 per cent in July, hitting C$50.9 billion, according to a report from Statistics Canada.
In a separate report, Canada’s consumer price index was up by 2.8 per cent on an annual basis in August, which was a slow-down from the 3.0 per cent increase in July.
The TSX was steady at 8:36 CDT, up 0.33 points at 16,215.08.
