By MarketsFarm
WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar was holding steady Monday morning, with strength in crude oil providing some underlying support for the energy-linked currency.
At 8:41 a.m. CST Monday morning, the Canadian dollar was at US$0.8030 or US$1=C$1.2453 which compares with Friday’s North American close of US$0.8031 or US$1=C$1.2452.
The United States Congress passed a US$1 trillion infrastructure bill over the weekend, which was seen as supporting both energy and equity markets to start the week.
West Texas Intermediate was up 0.55 per cent at US$81.72 per barrel.
The TSX was stronger, up 103.99 points at 8:41 CST, trading at 21,559.81 points.
