MIDDAY: Greenback forces oil lower; TSX shows early gains
The American greenback continues its wild swing.
After finishing lower on Friday it is higher today, putting negative pressure on oil and gold. Oil is down $1.46 to $53.80 a barrel. Gold has clawed back a little but is still off over five dollars this morning.
The loonie continues to fall losing 15/100 of a cent to $0.7617 cents US.
The TSX is up 51 points to 15,557.