By MarketsFarm
WINNIPEG, Feb. 27 (MarketsFarm) – The Canadian dollar was slightly firmer Monday morning, seeing a modest correction to start the week.
At 8:34 a.m. CST Monday morning the Canadian dollar was at US$0.7365 or US$1=C$1.3578, which compares with Friday’s close of US$0.7341 or US$1=C$1.3622.
Canada’s current account deficit increased by C$2.2 billion in the fourth quarter of 2022, hitting C$10.6 billion, according to a report from Statistics Canada.
Crude oil was posting small losses Monday morning despite news that Russia was halting pipeline movement to Poland, with West Texas Intermediate down by 0.56 per cent at US$75.89 per barrel.
The TSX was up by 75.36 points at 8:34 CST, trading at 20,294.55 points.
