WINNIPEG – The Canadian dollar stayed steady for the most part on Tuesday.
As of 8:36 a.m. CST, the loonie was at US$0.7518 or US$1=C$1.3301, compared to US$0.7526 or US$1=C$1.3288 on Monday. It was the first time the Canadian dollar closed above 75 United States cents since Sept. 19.
The U.S. Dollar Index lost 0.69 of a point at 105.97.
Crude oil was easing off on Tuesday because of a lower global demand outlook. Brent crude oil declined US$0.73 per barrel to US$92.41. West Texas Intermediate (WTI) retreated US$0.65 at US$85.22/barrel. Western Canadian Select (WCS) was down US$0.48 to US$56.05/barrel.
The TSX/S&P Composite Index rose 155.64 points to 20,077.45.
Gold increased US$1.90 per ounce to US$1,778.80.
