TORONTO — The Canadian dollar was up about one-fifth of a U.S. cent early Tuesday, showing little impact from the prospect of a Liberal majority government in Ottawa.
The Canadian dollar was up 0.21 of a cent at 77.02 cents US shortly before North American stock markets opened, recovering some of the previous day's losses.
The Dow Jones industrial futures were down 20 points at 17,097.0, the S&P 500 futures declined 4.10 points to 2,023.3 and the Nasdaq futures lost 4.5 points to 4,450.0.
On the commodity markets, the December gold contract was down 90 cents to US$1,171.90 an ounce, the November crude contract was up 20 cents at US$46.09 a barrel and the November contract for natural gas was up five cents at US$2.49.
On Monday, the S&P/TSX composite index closed down 79.72 points at 13,758.38, while the commodity-sensitive Canadian dollar also took a hit. It pulled back 0.64 of a U.S. cent to 76.81 cents US.
The Canadian Press