By Glen Hallick
Glacier FarmMedia | MarketsFarm – The Canadian dollar continued higher on Tuesday morning, as its United States counterpart slipped lower and crude oil tacked on increases.
As of 9:19 am CST, the loonie was at US$0.7388 or US$1=C$1.3537, compared to Monday’s close of US$0.7366 or US$1=C$1.3576.
On the U.S. Dollar Index, the greenback gave up 0.048 of a point at 96.640.
Benchmark crude oil prices bumped up on Tuesday morning, as the trade kept an eye on tensions between the U.S. and Iran.
West Texas Intermediate added six cents at US$64.42 per barrel and Brent crude rose 21 cents at US$69.25.
In morning activity, the TSX/S&P Composite Index advanced 131.99 points at 33,155.31.
Gold was down US$20.00 at US$5,059.40 per ounce.
