By MarketsFarm
WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart Tuesday morning, as gains in crude oil and the global equity markets provided support.
At 8:40 CST Monday morning the Canadian dollar was at US$0.7850 or C$1.2739 which compares with Monday’s North American close of US$0.7839 or C$1.2757.
Canadian manufacturing sales were up by 0.3 per cent in October, hitting C$54.1 billion, according to a report from Statistics Canada. The small rise came after a revised increase of 2.2 per cent in September. That compared with an earlier estimate of 1.5 per cent.
West Texas Intermediate crude oil was up 0.64 per cent, at US$47.29 per barrel.
The TSX was up by 131.10 points at 8:40 CST to trade at 17,518.50 points.
