By MarketsFarm
WINNIPEG, Aug. 29 (MarketsFarm) The Canadian dollar was holding steady Thursday morning, as conflicting outside market forces kept some caution in the currency.
At 9:27 CDT Thursday morning the Canadian dollar was at US$0.7519 or C$1.3300 which compares with Wednesday’s North American close of US$0.7518 or C$1.3301.
Improved trade sentiment between the United States and China lent some support to global equities on Thursday amid ideas the two countries may be closer to de-escalating tensions.
However, uncertainty out of the United Kingdom and Europe, as UK Prime Minister Boris Johnson suspended Parliament ahead of the Brexit deadline raised fresh concerns in the global markets.
Crude oil was stronger in early trade.
The TSX was stronger Thursday morning, up 111.71 points at 9:27 CDT to sit at 16,383.36.
