Glacier FarmMedia — The Canadian dollar opened the week on a low note.
The loonie was at US$0.7256 or US$1=C$1.3782 on Monday as of 8:29 a.m. CDT, compared to Friday’s close at US$0.7272 or US$1=C$1.3751.
The United States Dollar Index rose 0.28 of a point at 98.46. U.S. inflation data will be released tomorrow, while a 90-day pause in implementing higher tariffs on Chinese goods is set to expire tomorrow.
Crude oil prices were slightly higher as the markets await talks between U.S. President Donald Trump and Russian President Vladimir Putin in the coming days.
Brent crude oil was up US$0.33 per barrel at US$66.92/barrel. West Texas Intermediate advanced US$0.33 at US$64.21/barrel.
The TSX/S&P Composite Index added 41.76 points at 27,800.44.
Gold fell US$87.00 per ounce at $3,404.30.
