By MarketsFarm
WINNIPEG, Nov. 27 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, with weakness in crude oil pressuring the energy-linked currency.
At 8:45 a.m. CST Monday morning the Canadian dollar was trading at US$0.7327 or US$1=C$1.3648, which compares with Friday’s close of US$0.7341 or US$1=C$1.3623.
The Organization of Petroleum Exporting Countries and its allies (OPEC+) are set to meet later this week to discuss production targets in 2024, after delaying a meeting originally scheduled last week. West Texas Intermediate crude oil was down by 0.54 per cent at US$75.13 per barrel.
The TSX was weaker, down by 60.48 points at 8:45 CST, trading at 20,042.63 points.
