By MarketsFarm
WINNIPEG, Feb. 2 (MarketsFarm) – The Canadian dollar was holding steady Thursday morning, lacking any clear direction.
At 8:46 a.m. CST Thursday morning the Canadian dollar was at US$0.7505 or US$1=C$1.3324, which compares with Wednesday’s close of US$0.7507 or US$1=C$1.3321.
An estimated C$10.3 billion worth of building permits were issued in Canada in December, which was down by 7.3 per cent from the previous month on a seasonally adjusted basis, according to a report from Statistics Canada. Both the residential and non-residential sectors posted declines.
Crude oil was holding relatively steady in early activity, with West Texas Intermediate up by 0.13 per cent at US$76.51 per barrel.
The TSX was up by 31.30 points at 8:46 CST, trading at 20,782.35 points.
