Glacier FarmMedia — The Canadian dollar was steady on Monday, seeing some consolidation to start the week after touching its strongest levels in eight months relative to its United States counterpart last week.
The Canadian dollar settled at US$0.7308 or US$1=C$1.3684, which compares with Friday’s close of US$0.7305 or US$1=C$1.3690.
Talks between China and the U.S. in London this week were being followed closely for any developments on trade or tariffs.
Crude oil was firm, with West Texas crude oil up by 1.18 per cent at US$65.34 per barrel.
The TSX Composite Index lost 53.33 points to close at 26,375.80 points.
