Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back to its lowest close in two weeks.
The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7312 or US$1=C$1.3677 on Tuesday.
The U.S. Dollar Index was down 0.03 of a point at 97.49.
Benchmark crude oil prices were virtually unchanged on Wednesday, as increased gasoline demand in the U.S. and attacks in the Red Sea were countered by more tariff threats from President Donald Trump. OPEC+ also announced plans earlier this week for increased output beginning in August. West Texas Intermediate was down US$0.02 per barrel at US$68.31. Brent crude oil subtracted US$0.01/barrel at US$70.14.
The TSX/S&P Composite Index gained 68.75 points at 26,972.32.
Gold advanced US$5.40 per ounce at $3,322.30.
