By Commodity News Service Canada
WINNIPEG, MB, Nov. 20, 2017 (CNS Canada) – The dollar was
little changed Monday as oil prices eased ahead of an OPEC
meeting next week.
At 8:57 CST Monday morning the Canadian dollar was at
US$0.7820 or C$1.2785, which compares with Friday’s North
American close of US$0.7823 or C$1.2783.
Oil prices slipped Monday as traders took a cautious
approach ahead of an OPEC meeting next week, where an extension
of current price-supporting curbs on crude output are due to be
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Bitcoin hit a new record high Monday after smashing through
the $8,000 level for the first time over the weekend, marking an
almost 50 per cent climb in just eight days. Bitcoin traded as
high as $8,197.81 on the Luxembourg-based Bitstamp exchange, up
over two per cent on the day and around 48 per cent up since
dropping to $5,555 on Nov. 12.
United States stock indexes opened slightly higher Monday,
led by gains in technology stocks including Cisco and PayPal.
The Dow Jones Industrial Average gained 17.09 points, 0.07 per
cent, to 23,285.33. The S&P 500 rose 1.46 points, or 0.06 per
cent, to 2,580.31. The Nasdaq Composite added 4.64 points, or
0.07 per cent, to 6,787.43.
The Toronto TSX/S&P Composite Index was little changed
Monday, as oil prices eased ahead of an OPEC meeting next week.
The TSX/S&P fell 7.36 points, or 0.05 per cent, to 15,991.21.
