Canadian dollar and business outlook

By MarketsFarm

WINNIPEG, Aug. 15 (MarketsFarm) – The Canadian dollar was holding steady Thursday morning, as investors looked for some fresh direction after Wednesday’s declines.
At 9:07 CDT Thursday morning the Canadian dollar was at US$0.7505 or C$1.3324 which compares with Wednesday’s North American close of US$0.7513 or C$1.3311.
Crude oil was slightly weaker in early activity, with West Texas Intermediate down 68 cents at US$54.55 per barrel.
The TSX was weaker Thursday morning, down 20.92 points at 9:07 CDT to sit at 16,025.02.

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