By Commodity News Service Canada
WINNIPEG, May 17 (CNS Canada) The Canadian dollar was slightly weaker Wednesday morning, as uncertainty in the US government roiled the financial markets.
At 9:15 CDT Wednesday morning the Canadian dollar was at US$0.7349 or C$1.3607 which compares with Tuesday’s North American close of US$0.7355 or C$1.3596.
Turmoil in Donald Trump’s White House and increasing talk of impeachment sent equity markets lower on Monday, while investors looked to safe-havens.
In domestic data, Canadian manufacturing sales were up by 1.0 per cent in March, hitting a record C$53.9 billion, according to Statistics Canada.
Crude oil was higher in early activity, which provided some underlying support for the energy-linked Canadian dollar.
The TSX was down sharply at 9:15 CDT, down 167.79 at 15,375.54.
