By Commodity News Service Canada
WINNIPEG, Dec. 17 (CNS Canada) The Canadian dollar was softer Monday morning, as losses in the equity markets weighed on the currency.
At 9:17 CST Monday morning the Canadian dollar was at US$0.7461 or C$1.3403 which compares with Friday’s North American close of US$0.7474 or C$1.3379.
Foreign investment in Canadian securities totaled C$4.0 billion in October, which was down from C$7.8 billion the previous month. Meanwhile, Canadian investment in foreign securities increased to C$14.9 billion, from 10.5 billion the previous month, according to a report from Statistics Canada.
The TSX was weaker at 9:17 CST, down 87.93 points at 14,507.14. Crude oil was steady in early activity, after losing ground last week.
