By Commodity News Service Canada
WINNIPEG, MB, September 8, 2015 (CNS Canada) – The Canadian
dollar strengthened against its US counterpart Tuesday morning as
crude oil was firmer, and ahead of a Bank of Canada decision.
At 8:40 a.m. CDT the Canadian dollar was at US$0.7566 or C$1.3217
which compares with Friday’s North American close of US$0.7539, or
C$1.3265.
On Wednesday the Bank of Canada will make an interest rate
decision, but most economists expect the bank will not increase
interest rates until 2017.
There was no significant economic data released by Statistics
Canada on Tuesday.
The TSX was stronger in early activity, up 184 points at 8:40
a.m. CDT to sit at 13,662.26.
