Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Monday morning.
The loonie was at US$0.7313 or US$1=C$1.3674 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.7312 or US$1=C$1.3676.
The United States Dollar Index was down 0.13 of a point at 97.27.
Crude oil prices were lower due to easing Middle East risks and reports that OPEC+ may increase output by 411,000 barrels per day starting in August. Brent crude oil was down US$0.18 per barrel at US$67.59/barrel. West Texas Intermediate declined US$0.30 at US$65.22/barrel.
The TSX/S&P Composite Index subtracted 4.33 points at 26,687.99. There will be no trading on Tuesday due to Canada Day.
Gold added US$5.60 per ounce at $3,293.10.
