Canadian dollar and business outlook

By MarketsFarm

WINNIPEG, June 30 (MarketsFarm) – The Canadian dollar held steady on Tuesday morning, despite pressure from crude oil values.

     At 8:55 CDT Tuesday morning the Canadian dollar was at US$0.7313 or US$1=C$1.3674, which compares with Monday’s North American close of US$0.7309 or US$1=C$1.3682.

Crude oil prices were lower due to pessimism regarding a COVID-19 economic recovery, as cases continue to surge in some areas around the world.

Global stock indices were similarly troubled by notions that businesses may be slow to reopen.

The TSX was down by 48.28 points at 9:05 CDT to trade at 15,341.69 points.

END

Futures Prices as of June 30, 2020

Canola
Price Change
Milling Wheat
1970-01-01 00:00
Price Change
Durum
1970-01-01 00:00
Price Change
New Barley
1970-01-01 00:00
Price Change

Prices are in Canadian dollars per metric ton

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