By MarketsFarm
WINNIPEG, Aug. 26 (MarketsFarm) The Canadian dollar was slightly firmer Monday morning, as the global financial markets steadied after Friday’s declines.
At 9:48 CDT Monday morning the Canadian dollar was at US$0.7521 or C$1.3296 which compares with Friday’s North American close of US$0.7513 or C$1.3310.
Trade tensions between the United States and China were showing signs of easing on Monday, with both countries calling for calm and a return to negotiations.
Crude oil was posting small gains in early activity, providing some support for the energy-linked Canadian dollar.
The TSX was stronger Monday morning, up 69.06 points at 9:48 CDT to sit at 16,106.64.
