Canadian Dollar and Business Outlook: Loonie, TSX up to start day

Reading Time: < 1 minute

Published: June 4, 2019

By MarketsFarm

WINNIPEG, June 4 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, along with the Toronto Stock Exchange.

As of 8:38 CDT, the Canadian dollar was at US$0.7448 or C$1.3430. That compares to Monday’s North American close of US$0.7424 or C$1.3470.

The TSX/S&P Composite Index was up 67.72 points at 16,083.61 points.

Crude oil prices were steady to down this morning, as demand is starting to erode over fears the United States/China trade war will trigger a global economic slowdown or a recession. West Texas Intermediate crude oil was steady with a gain of one cent at US$53.26 per barrel, while Brent crude oil was down 19 cents at US$61.09 per barrel.

Gold was down 10 cents at US$1,327.80 per ounce.

About the author

GFM Network News

GFM Network News

Glacier FarmMedia Feed

Glacier FarmMedia, a division of Glacier Media, is Canada's largest publisher of agricultural news in print and online.

explore

Stories from our other publications