By Glen Hallick
Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, despite increases in crude oil prices.
As of 8:36 am CDT, the loonie was at US$0.7234 or US$1=C$1.3824 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. On the U.S. Dollar Index, the greenback shed 0.045 of a point at 96.940.
Benchmark crude oil prices were higher Tuesday morning, following a delay to Iraq increasing its oil exports.
West Texas Intermediate gained 86 cents at US$62.14 per barrel and Brent crude oil added 72 cents at US$67.29 per barrel.
The TSX/S&P Composite Index rose 73.58 points at 30,032.56, eclipsing the 30,000-point mark for the first time.
Gold advanced US$39.90 at US$3,815.00 per ounce.
