By MarketsFarm
WINNIPEG, Sep. 5 (MarketsFarm) The Canadian dollar was stronger Thursday morning, seeing some follow-through buying interest after Wednesday’s gains.
At 9:09 CDT Thursday morning the Canadian dollar was at US$0.7573 or C$1.3205 which compares with Wednesday’s North American close of US$0.7540 or C$1.3263.
The Bank of Canada left its key overnight rate unchanged at 1.75 per cent on Wednesday. The accompanying statement was seen as lowering expectations for a cut in October.
The ongoing trade dispute between the United States and China remained a factor in the background, with the two countries now slated to resume trade talks in early October.
Crude oil was holding steady in early activity, providing little direction for the currency.
The TSX was stronger Thursday morning, up 113.12 points at 9:09 CDT to sit at 16,561.96.
