Glacier FarmMedia – The Canadian dollar showed a decline on Wednesday despite crude oil prices moving upward.
The loonie closed at US$0.7367 or US$1=C$1.3574, compared to US$0.7383 or US$1=C$1.3544 on Tuesday.
The United States Dollar Index gained 0.13 of a point at 96.93.
Crude oil prices were higher after U.S. President Donald Trump indicated he would send a second aircraft carrier to the Middle East.
West Texas Intermediate increased US$0.99 per barrel at US$64.95. Brent crude oil added US$0.90/barrel at US$69.70.
The TSX/S&P Composite Index was relatively steady, dipping 2.64 points at 33,254.19.
Gold gained US$80.00 per ounce at US$5,111.00.
