Glacier FarmMedia – The Canadian dollar was slightly lower on Wednesday morning.
The loonie was at US$0.7248 or US$1=C$1.3797 as of 8:30 a.m. CDT, compared to Tuesday’s close at US$0.7252 or US$1=C$1.3789.
The United States Dollar Index was down 0.08 of a point at 98.32.
Crude oil prices retreated after reports suggested OPEC+ could decide to raise output in October at its meeting on Sunday.
Brent crude oil lost US$1.12 per barrel at US$68.02/barrel for the November contract. West Texas Intermediate dropped US$1.19 at US$64.40/barrel for the October contract.
The TSX/S&P Composite Index rose 65.88 points at 28,681.50.
Gold jumped US$29.40 per ounce at $3,621.60 after reaching an all-time high of US$3,618.60 earlier in the day.
