WINNIPEG – The Canadian dollar extended its recent climb, reaching a calendar-year high close.
The loonie closed at US$0.7546 or US$1=C$1.3252, compared to US$0.7520 or US$1=C$1.3297 on Wednesday.
The United States Dollar Index fell 0.82 of a point at 102.12. The Federal Reserve announced on Wednesday it was leaving its key interest rates unchanged. Earlier today, the European Central Bank raised its key interest rate by 25 basis points to 3.5 per cent, its highest level since 2001.
Crude oil jumped on Thursday. Brent crude oil advanced US$2.37/barrel at US$75.57. West Texas Intermediate (WTI) rose US$2.25 at US$70.52/barrel.
The TSX/S&P Composite Index was 12.26 points higher at 20,027.35.
Gold added US$1.50 at US$1,970.40 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 2.13
Farmer’s Edge Inc. unchanged at $ 0.17
Linamar Corp. dn $ 0.43 at $ 70.77
Maple Leaf Foods up $ 0.11 at $ 27.15
Nutrien Ltd. up $ 0.81 at $ 78.85
Ritchie Bros Auctioneers Inc. dn $ 0.49 at $ 75.39
(All figures are in Canadian dollars.)
