By Commodity News Service Canada
WINNIPEG, Nov. 6 (CNS Canada) – The Canadian dollar is slightly down Tuesday morning, as voters head to the polls in the United States mid-term elections.
At 8:33 CST Tuesday morning the Canadian dollar was at US$0.7620 or C$1.3120, which compares with Monday’s North American close of US$0.7636 or C$1.3096.
Predictions for the U.S. mid-term election point to the Democrats taking control of the House of Representatives away from the Republicans. However the Republicans are expected to maintain their majority in the Senate.
Oil prices Tuesday morning inched up by 13 US cents after the U.S. waivers to eight countries on sanctions against Iran pushed the price down Monday. West Texas Intermediate crude this morning is at $63.23 per barrel after closing yesterday at US$63.10 per barrel.
Gold is up Tuesday morning to US$1,233.10 per ounce from yesterday’s close of US$1,232.50 per ounce.
The Toronto TSX/S&P Composite Index was up 46.85 points Tuesday morning shortly after open at 15,264.55.
