By MarketsFarm
WINNIPEG, Jan. 13 (MarketsFarm) The Canadian dollar was steady on Monday, despite slightly lower crude oil futures.
At 8:30 CST, the Canadian dollar was at US$0.7664 or C$1.3048, which compares with Friday’s North American close of US$0.7662 or C$1.3051.
Stock performances were mixed to start the week. Last week, increased tensions between Iran and the United States stoked concerns of an all-out war. However, that tension has largely subsided for now.
Oil prices were slightly lower as the odds of a conflict in oil-producing areas decreased. Brent Crude was down by 19 cents at US$64.79 per barrel, and West Texas Intermediate (WTI) was down by 35 cents at US$58.69 per barrel.
The TSX was slightly weaker at 8:50 CST, down by 23.60 points at 17,211.85. The S&P 500 Index was up 4.67 points to hit 3,270.27 The Dow Jones gained 18.65 points at 28,846.76. The NASDAQ increased, up 30.84 to hit 9,210.97.
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