By MarketsFarm
WINNIPEG, Feb. 13 (MarketsFarm) The Canadian dollar was holding steady Thursday morning, seeing some consolidation after strengthening relative to its United States counterpart on Wednesday.
At 8:51 CST Thursday morning the Canadian dollar was at US$0.7549 or C$1.3247 which compares with Wednesday’s North American close of US$0.7545 or C$1.3254.
An increase in deaths caused by the novel coronavirus (COVID-19) in Wuhan, China heightened concerns over the economic impact of the virus, with the infection rate also rising.
Crude oil was slightly firmer in early activity, providing some underlying support for the energy-linked currency.
The TSX was down by 31.31 points at 8:51 CST to sit at 17,801.54.
