Canadian dollar and business outlook

By MarketsFarm

WINNIPEG, Jan. 4 (MarketsFarm) – The Canadian dollar was firmer Monday morning, hitting its strongest levels in 15 months relative to its United States counterpart on the first trading day of 2021.
At 9:07 CST Monday morning the Canadian dollar was at US$0.7865 or C$1.2715 which compares with Thursday’s North American close of US$0.7854 or C$1.2732.
Crude oil was holding near unchanged in early activity, with West Texas Intermediate crude up only 0.1 per cent in early activity, at US$48.59 per barrel.
The TSX was up by 140.75 points at 9:07 CST to trade at 17,574.11 points.

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