Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back on Tuesday morning.
The loonie was at US$0.7362 or US$1=C$1.3583 as of 8:33 a.m. CDT, compared to Monday’s close at US$0.7376 or US$1=C$1.3558. The United States Dollar Index was up 0.14 of a point at 98.13.
The escalating conflict between Israel and Iran raised crude oil prices. Brent crude oil increased US$1.45 per barrel at US$74.68/barrel and West Texas Intermediate rose US$1.29 at US$73.06/barrel.
The TSX/S&P Composite Index was down 5.05 points at 26,563.56.
Gold shed US$5.50 per ounce at $3,411.80.
