By Commodity News Service Canada
WINNIPEG, March 20 (CNS Canada) The Canadian dollar was weaker Monday morning, as losses in crude oil weighed on the currency.
At 9:23 CDT Monday morning the Canadian dollar was at US$0.7491 or C$1.3349 which compares with Friday’s North American close of US$0.7498 or C$1.3337.
A move by the G20 over the weekend to drop its long-standing anti-protectionist stance was moving the financial markets, as investors considered what increased protectionism out of the US may mean.
In domestic data, Canadian wholesale trade was up by 3.3 per cent in January, hitting a record C$59.1 billion, according to Statistics Canada data.
The TSX was up by 3.87 points at 9:23 CDT to sit at 15,494.36.
