MNI BRIEF: Fed's Williams Sees Inflation Uptick From Tariffs

MNI BRIEF: Canada Export Taxes Only If Broad Support- Trudeau

TRUDEAU WILL ONLY CONSIDER EXPORT TAX IF THERE'S BROAD SUPPORT

MNI BRIEF: Mexico President Promises Trade Retaliation Sunday

MNI China Daily Summary: Tuesday, Feb 4

MNI BRIEF: China To Work With Partners As U.S. Tariffs Hit

EZ/UK Bond Supply Calendar: 30-Year Bund Syndication Upcoming

EZ/UK T-Bill Calendar: Greece, EU Auction on Wednesday

MNI: US REDBOOK: FEB STORE SALES +6.1% V YR AGO MO

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

AMERICAS OIL: Canadian dollar edges higher as investors weigh tariffs

AMERICAS OIL
USEnergy BulletsNorth AmericaBulletCommodities

Canadian dollar edges higher as investors weigh tariff sustainability: Reuters

  • The Canadian dollar was trading 0.2% higher at 1.4450 per U.S. dollar, or 69.20 U.S. cents, after trading in a range of 1.4407 to 1.4520. On Monday, the currency posted its seventh straight day of declines and hit a one-month intraday low of 1.4541.
  • Western Canadian Select (WCS) traded as low as US$54.20/bbl, the lowest since Sep 10 while WTI Apr 25 was trading at $67.46, for a WCS discount of $13.26.
80 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Canadian dollar edges higher as investors weigh tariff sustainability: Reuters

  • The Canadian dollar was trading 0.2% higher at 1.4450 per U.S. dollar, or 69.20 U.S. cents, after trading in a range of 1.4407 to 1.4520. On Monday, the currency posted its seventh straight day of declines and hit a one-month intraday low of 1.4541.
  • Western Canadian Select (WCS) traded as low as US$54.20/bbl, the lowest since Sep 10 while WTI Apr 25 was trading at $67.46, for a WCS discount of $13.26.