By Commodity News Service Canada
WINNIPEG, Dec. 9 (CNS Canada) The Canadian dollar was holding steady Friday morning, as gains in crude oil provided some underlying support.
At 9:27 CST Friday morning the Canadian dollar was at US$0.7581 or C$1.3191 which compares with Thursday’s North American close of US$0.7581 or C$1.3191.
A generally firmer tone in the world equity markets was also supportive for the Canadian currency, according to analysts.
There were no significant domestic economic releases on Friday. The US Federal Reserve is set to make an interest rate announcement next week, which could provide some nearby direction for the world currency markets.
The TSX was up 29.96 points at 9:27 CST to sit at 15,325.16.
