Glacier FarmMedia — The Canadian dollar was stronger Tuesday morning, with the possibility of more talks between the United States and Iran this weekend somewhat supportive despite resulting losses in crude oil.
- At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7276 or US$1=C$1.3744 which compares with Monday’s close of US$0.7240 or US$1=C$1.3812.
- Prime Minister Mark Carney’s Liberal Party secured a parliamentary majority Monday after sweeping three byelections.
- The tentative ceasefire between the U.S. and Iran is set to expire in one week, with more peace talks in Pakistan a possibility after they broke down over the past weekend.
- West Texas Intermediate was down 3.8 per cent at US$95.33 per barrel.
- The TSX was up 154.02 points, or 0.45 per cent at 9:01 CDT to trade at 34,033.26.
