By Commodity News Service Canada
WINNIPEG, April 11 (CNS Canada) The Canadian dollar was holding near unchanged Tuesday morning, as the currency consolidated following Monday’s advances amid a general sense of uncertainty in the global financial markets.
At 8:58 CDT Tuesday morning the Canadian dollar was at US$0.7490 or C$1.3351 which compares with Monday’s North American close of US$0.7491 or C$1.3349.
Mounting tensions in Syria kept the world markets on edge, with oil and equities slightly softer for the most part in early activity.
The Bank of Canada is set to make its latest interest rate announcement on Wednesday, April 12, and positioning ahead of the Bank’s comments was another feature in the Canadian dollar trade.
The TSX was down by 29.61 points at 8:58 CDT to sit at 15,701.18.
