By MarketsFarm
WINNIPEG, Feb. 14 (MarketsFarm) – The Canadian dollar was weaker Monday morning, with the ongoing tensions between Russia and Ukraine at the forefront of the currency markets amid talk that a Russian invasion could be imminent.
At 8:54 a.m. CST Monday morning the Canadian dollar was at US$0.7845 or US$1=C$1.2747, which compares with Friday’s close of US$0.7873 or US$1=C$1.2702.
Early weakness in crude oil also weighed on the energy-linked currency. West Texas Intermediate was down by 0.30 per cent at US$92.80 per barrel.
The TSX was lower, down 160.51 points at 8:54 CST, trading at 21,388.33 points.
