By MarketsFarm
WINNIPEG, May 4 (MarketsFarm) – The Canadian dollar was weaker Monday morning, moving below 71 U.S. cents.
May Day holidays in Europe and Asia limited activity in the currency markets to start the week, with many trading operations closed.
At 9:30 CDT Monday morning the Canadian dollar was at US$0.7090 or C$1.4104 which compares with Friday’s North American close of US$0.7109 or C$1.4066.
West Texas Intermediate crude oil up by about 50 cents in early activity to trade at around US$20.25 per barrel.
The TSX was down by 45.19 points at 9:30 CDT to trade at 14,575.15 points.
