By Commodity News Service Canada
WINNIPEG, June 15 – The Canadian dollar fell against its
American counterpart Wednesday as lower oil prices offset an
early rise in value.
The US Fed left interest rates alone Wednesday, meeting
economists’ expectations and deflating some speculator interest.
The Canadian dollar closed at US$0.7736 or US$1=C$1.2926,
which compares with Tuesday’s close of US$0.7780, or
US$1=C$1.2853.
The Standard & Poor’s/TSX Composite Index climbed 39.22
points, or 0.28%, to 13,923.45 on Wednesday, as stronger gold
prices helped cushion the blow from losses in energy and
financials.
Royal Bank of Canada fell for the second straight session,
losing 0.13% on the day.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.61 at $ 34.99
Agrium Incorporated———-dn $ 0.65 at $120.15
Buhler Industries————– $ 0.00 at $ 4.91
Maple Leaf Foods————-dn $ 0.01 at $ 28.15
Potash Corp. of Sask———dn $ 0.07 at $ 21.56
(All figures are in Canadian dollars.)
