By MarketsFarm
WINNIPEG, July 4 (MarketsFarm) – The Canadian dollar was slightly firmer Monday morning in thin holiday trade. Markets in the United States were closed Monday for Independence Day, while Canadian markets had been closed Friday for Canada Day.
At 8:39 a.m. CDT Monday morning the Canadian dollar was at US$0.7770 or US$1=C$1.2870, which compares with Thursday’s close of US$0.7760 or US$1=C$1.2886.
Crude oil was firm to start the week, although lingering concerns over a world recession kept some caution in that market.
West Texas Intermediate was up by 1.24 per cent at US$109.77 per barrel.
The TSX was stronger, up 154.24 points at 8:39 CDT, trading at 19,015.60 points.
