Loonie tilts higher in holiday-thin trade

The Canadian dollar edged up against the greenback on Monday, amid holiday-quiet trading, as many global markets are closed in observance of the Easter Monday.

Stock and bond markets in Germany, France, Italy, the UK and Hong Kong are closed today, in observance of the Easter Monday holiday.

Meanwhile, the coronavirus worldwide infections increased to almost 1.9 million cases, with a death toll of more than 100,000 victims.

Investors remain focused on the coronavirus outbreak in several countries and its impact on economies and industries.

Additionally, investors are parsing the impact of the OPEC-Plus output cut deal of 9.7 million bpd, after it was reached on Sunday.

As of 17:08 GMT, CAD/USD rose 0.2% to 0.7812, after the pair hit an intraday high of 0.7188 and a low of 0.7138.