Canadian dollar and business outlook

By MarketsFarm

WINNIPEG, Oct. 10 (MarketsFarm) The Canadian dollar was holding steady Thursday morning, seeing some stability as investors wait for news out of trade negotiations underway between the United States and China this week.
At 9:08 CDT Tuesday morning the Canadian dollar was at US$0.7510 or C$1.3316 which compares with Wednesday’s North American close of US$0.7505 or C$1.3324.
Canada’s new house price index was up by 0.1 per cent in August, marking its first monthly increase in just over a year, according to a report from Statistics Canada. However, the index was still down 0.3 per cent on an annual basis.
Crude oil prices were firmer in early activity, with the West Texas Intermediate up 72 cents, at US$53.31 per barrel.
The TSX was down 18.84 points at 8:58 CDT to sit at 16,361.03.


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