WINNIPEG – The Canadian dollar was virtually unchanged on Monday morning.
The loonie was at US$0.7487 or US$1=C$1.3356, up from US$0.7484 or US$1=C$1.3362 at Friday’s close. The United States Dollar Index was down 0.01 of a point at 103.63.
Crude oil declined on Monday morning after tanker loadings resumed at the Ceyhan terminal in Turkey, which were disrupted due to the devastating earthquake in the country last week. Brent crude oil was down US$0.48 to US$85.91 per barrel. West Texas Intermediate (WTI) dropped US$0.41 at US$79.31/barrel. Meanwhile, Western Canadian Select (WCS) retreated US$0.59 to US$60.54/barrel.
The TSX/S&P Composite Index gained 32.31 points to 20,644.43.
Gold shed US$8.30 per ounce to US$1,866.20.
