By Commodity News Service Canada
Winnipeg, June 12 – The Canadian dollar was relatively unchanged
against its American counterpart on Monday, as gains in crude oil
were offset by losses in gold bullion.
Analysts are waiting for the release of a few key economic
indicators this week. On Wednesday, new motor vehicle sales data is
set to be released while on Friday the latest tally of International
Transactions in Securities is due to come out.
A new report from IDC Canada says cell-phone customers spent
C$11.9 billion on wireless data in 2016. That is nearly 11 per cent
higher than the previous year.
At 8:50 CDT Monday morning the Canadian dollar was at US$0.7437
or C$1.3446 which compares with Friday’s North American close of
US$0.7433 or C$1.3453.
At 8:50 CDT Monday morning, the TSX was up 22.20 points, or
0.14%, at 15,495.41.
