Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday.
The loonie closed at US$0.7167 or US$1=C$1.3952, compared to US$0.7168 or US$1=C$1.3951 on Tuesday. Canadian Prime Minister Mark Carney said officials from Canada and the United States are currently negotiating terms on a new trade deal.
The United States Dollar Index was up 0.26 of a point at 98.84.
Crude oil prices were on the rise on Wednesday as OPEC+’s smaller than expected output hike supported values.
The November West Texas Intermediate contract gained US$0.68 per barrel at US$62.41. December Brent crude oil rose US$0.70/barrel at US$66.15.
The TSX/S&P Composite Index jumped 150.27 points to close at 30,501.99
Gold hit an all-time high of US$4,081.00 today before easing back to US$4,063.00, up US$58.60.
