Glacier FarmMedia MarketsFarm – The Canadian dollar was gaining ground on Tuesday morning.
The loonie was at US$0.7248 or US$1=C$1.3797 as of 9:30 a.m. CDT, compared to US$0.7233 or US$1=C$1.3826 on Friday.
The United States Dollar Index gained 0.28 of a point at 102.97.
Crude oil prices were higher on Tuesday. Brent crude oil gained US$0.36 at US$76.66 per barrel. West Texas Intermediate (WTI) was higher by US$0.50 at US$73.44/barrel.
The TSX/S&P Composite Index lost 320.39 points at 21,907.34, adding onto heavy losses suffered in other stock markets on Monday.
Gold dropped US$11.40 per ounce at US$2,433.00.
