Canadian Dollar and Crude Oil See Shifts Amid Global Uncertainty

The Canadian dollar experienced a slight decline over the weekend, moving to US$0.7166 or US$1=C$1.3955 as of 8:34 a.m. CDT.

This change from Friday's close is relatively minor, with the loonie falling by about 0.02%.

The United States Dollar Index rose by 0.16 points to 99.70 during this time.

In other markets, crude oil prices saw an increase due to ongoing uncertainty in the Middle East. Brent crude oil added US$1.47 at US$85.02 per barrel, while West Texas Intermediate was up US$1.29 at US$79.47/barrel.