WINNIPEG – The Canadian dollar was slightly weaker against the United States dollar on Tuesday.
The loonie closed at US$0.7585 or US$1=C$1.3184, compared to US$0.7592 or US$1=C$1.3172 on Monday. The U.S. Dollar Index was down 0.07 of a point at 101.28.
Crude oil made gains due to upcoming economic measures to be implemented by China to boost its economy. Brent crude oil rose US$0.83/barrel at US$83.57. West Texas Intermediate (WTI) advanced US$0.85 at US$79.59/barrel.
The TSX/S&P Composite Index was down 30.59 points at 20,551.53.
Gold added US$4.30 at US$1,966.50 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 2.10
Farmer’s Edge Inc. up $ 0.01 at $ 0.205
Linamar Corp. dn $ 0.69 at $ 74.58
Maple Leaf Foods dn $ 0.26 at $ 27.43
Nutrien Ltd. up $ 0.80 at $ 88.02
Ritchie Bros Auctioneers Inc. up $ 0.35 at $ 84.48
(All figures are in Canadian dollars.)
