By Commodity News Service Canada
WINNIPEG, Sept. 18 (CNS Canada) The Canadian dollar was slightly weaker Monday morning, lacking any clear direction as currency traders awaited news from the US Federal Reserve later in the week.
At 9:29 CDT Monday morning the Canadian dollar was at US$0.8197 or C$1.2200 which compares with Friday’s North American close of US$0.8209 or C$1.2182.
The US Fed is set to make its latest interest rate announcement on Wednesday, and is also expected to announce a plan that would see it trim some of its assets.
Crude oil was slightly weaker in early activity.
The TSX was stronger at 9:29 CDT, up 48.34 points at 15,221.37.
