Glacier FarmMedia | MarketsFarm – The Canadian dollar The Canadian continued to decline on Wednesday morning, adding to losses incurred on Tuesday.
The loonie was at US$0.7325 or US$1=C$1.3652 as of 8:32 a.m. CDT, compared to Tuesday’s close at US$0.7351 or US$1=C$1.3603.
The United States Dollar Index was down 0.13 of a point at 98.69. The U.S. Federal Reserve will announce its interest rate decision later today.
Crude oil prices were higher as the Israel-Iran conflict continues. Brent crude oil increased US$0.21 per barrel at US$76.66/barrel and West Texas Intermediate added US$0.35 at US$75.19/barrel.
The TSX/S&P Composite Index gained 44.80 points at 26,586.19.
Gold advanced US$5.30 per ounce at $3,412.20.
