By Commodity News Service Canada
WINNIPEG, Feb. 13 (CNS Canada) The Canadian dollar was weaker Tuesday morning, as declines in crude oil weighed on the currency.
At 9:10 CST Tuesday morning the Canadian dollar was at US$0.7923 or C$1.2621, which compares with Monday’s North American close of US$0.7935 or C$1.2603.
Expectations for large world crude oil supplies accounted for some of the weakness in oil that spilled into the energy-linked Canadian dollar.
Losses in equity markets were also bearish, as investors backed away from riskier assets.
The TSX was weaker at 9:10 CST, down 65.22 points at 15,176.66.