By MarketsFarm
WINNIPEG, Jan. 28 (MarketsFarm) – The Canadian dollar was steady Tuesday morning as the global markets began to ease from the concerns about the coronavirus.
As of 8:45 CST, the Canadian dollar was at US$0.7580 or C$1.3188. That compares to Monday’s North American close of US$0.7586 or C$1.3182.
Crude oil prices were either side of steady Tuesday morning, as declines began to settle. News that OPEC wants to extend its production cuts to at least June helped to stabilize recent losses.
Brent crude oil was down 29 cents at US$59.03 per barrel and West Texas Intermediate was up one cent at US$53.15 per barrel. Western Canadian Select gained 17 cents at US$30.14 per barrel.
The TSX/S&P Composite Index was up 21.32 to start Tuesday at 17,463.84 points.
Gold was down US$4.86 at US$1,577.20 per ounce.
