By MarketsFarm
WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was stronger Monday morning, moving above the psychological 80 U.S. cents mark as investors await the release of the latest federal budget.
At 8:48 a.m. CDT Monday morning, the Canadian dollar was at US$0.8007 or US$1=C$1.2489 which compares with Friday’s North American close of US$0.7998 or US$1=C$1.2503.
The Government of Canada’s first budget in two years billions of dollars in investments to childcare and pandemic recovery measures.
West Texas Intermediate crude oil was up by 0.3 per cent in early activity to trade at US$63.36 per barrel.
The TSX was holding steady in early activity, up by 2.65 points at 8:48 CDT, trading at 19,353.97 points.
