WINNIPEG – The Canadian dollar was charging upwards to start the week.
The loonie was at US$0.7368 or US$1=C$1.3572, up from US$0.7336 or US$1=C$1.3632 on Friday. The United States Dollar Index weakened by 0.48 of a point to 104.61.
Crude oil continued its rise on the strength of supply cuts from Russia and Saudi Arabia. Brent crude oil was US$0.46 higher at US$91.11 per barrel. West Texas Intermediate (WTI) gained US$0.23 at US$87.74/barrel.
The TSX/S&P Composite Index advanced 68.05 points to 20,142.70.
Gold gained US$9.90 per ounce to US$1,952.60.
