By MarketsFarm
WINNIPEG, June 12 (MarketsFarm) The Canadian dollar was slightly weaker Wednesday morning as declines in crude oil weighed on the energy-linked currency.
At 8:50 CDT Wednesday morning the Canadian dollar was at US$0.7523 or C$1.3293 which compares with Tuesday’s North American close of US$0.7531 or C$1.3278.
West Texas Intermediate crude oil was down by a dollar a barrel early Wednesday, trading at about US$52.25 per barrel.
Protests in Hong Kong over a proposed law that would allow fugitives to be deported to mainland China were being followed closely by traders. The mass demonstrations have been met with heavy police presence, with reports of rubber bullets and tear gas being used against the crowds.
The TSX was weaker Wednesday morning, down 33.63 points at 8:50 CDT to sit at 16,215.13.
