By MarketsFarm
WINNIPEG, June 20 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning as losses in crude oil weighed on the energy-linked currency.
At 9:12 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7549 or US$1=C$1.3247, which compares with Monday’s close of US$0.7572 or US$1=C$1.3206.
The number of job vacancies in Canada decreased by 33,500 or 3.8 per cent in the first quarter of 2023, hitting 843,200, according to a report from Statistics Canada. That marked the third straight quarterly decline as vacancies continued to fall from their record high of 984,600 in the second quarter of 2022.
Crude oil was weaker, with West Texas Intermediate down by 2.47 per cent at US$70.01 per barrel.
The TSX was weaker, losing 104.66 points at 9:12 CDT, trading at 19,829.74 points.
