By MarketsFarm
WINNIPEG, Sept. 2 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, with broad strength in the United States dollar index putting some pressure on the currency.
At 9:19 CDT Wednesday morning the Canadian dollar was at US$0.7643 or C$1.3084 which compares with Tuesday’s North American close of US$0.7660 or C$1.3055.
Crude oil was slightly softer in early trade, despite a report showing declining U.S. crude inventories, with West Texas Intermediate down 0.8 per cent at US$42.40 per barrel.
The TSX was up by 36.35 points at 9:19 CDT to trade at 16,681.34 points.
