By Commodity News Service Canada
Winnipeg, July 3 (CNS Canada) – The Canadian dollar was slightly
higher against its U.S. counterpart on Tuesday morning, following
gains in crude oil prices.
The price for a barrel of crude oil on the New York Mercantile
Exchange was up US$1.22 to US$75.16 per barrel (August contract).
Gold prices were also stronger on Tuesday morning, which helped
boost the loonie.
At 9:00 CDT Tuesday morning the Canadian dollar was at US$0.7605
or C$1.3149, which compares with Friday’s North American close of
US$0.7594 or C$1.3168.
At 9:00 CDT Tuesday morning, the TSX was up 97.84 points, or
0.60%, at 16,277.73.
