By Commodity News Service Canada
WINNIPEG, February 4 The Canadian dollar was trading at a slightly softer level versus its US counterpart at 8:42 CST Monday, amid economic concerns in the euro zone, analysts said.
At 8:42 CST Monday, the Canadian dollar was at US$1.0024 or US$=C$0.9976, which compares with Friday’s North American close of US$1.0027 or US$=C$0.9973.
Declining commodity prices, including crude oil, gold and copper, also put downward pressure on the value of the Canadian dollar.
There was no significant Canadian economic to report on Monday morning.
The TSX was up 83.59 points, or 0.66%, at 8:42 CST Monday morning to sit at 12,768.83.
