By Commodity News Service Canada
WINNIPEG, Oct. 22 (CNS Canada) The Canadian dollar was holding near unchanged Monday morning, lacking any clear direction as investors await the Bank of Canada’s latest interest rate announcement due later in the week.
At 8:55 CDT Monday morning the Canadian dollar was at US$0.7626 or C$1.3113 which compares with Friday’s North American close of US$0.7631 or C$1.3104.
Canadian wholesale sales were down by 0.1 per cent in August, to C$63.6 billion, according to a report from Statistics Canada. The slight decline was in line with market expectations.
Crude oil was slightly softer in early activity.
The TSX was weaker at 8:55 CDT, down 8.52 points at 15,461.58.
