Glacier FarmMedia — The Canadian dollar remained relatively steady on Monday.
The loonie was at US$0.7140 or US$1=C$1.4006 as of 8:48 a.m. CDT, compared to Friday’s close at US$0.7136 or US$1=C$1.4014.
The United States Dollar Index was down 0.11 of a point at 98.84. U.S. President Donald Trump told reporters on Air Force One en route to Japan on Monday that he believes him and Chinese President Xi Jinping will reach a new trade deal, providing a boost to U.S. stock markets.
Crude oil prices were mixed on Monday. Brent crude oil dropped US$0.03 per barrel at US$65.91/barrel. West Texas Intermediate added US$0.05 at US$61.55/barrel.
The TSX/S&P Composite Index shed 50.08 points at 30,302.99.
Gold was falling US$100.40 per ounce at US$4,037.40.
