By Glen Hallick
Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Monday, despite major movements in the United States dollar and crude oil.
The loonie closed at US$0.7153 or US$1=C$1.3980 compared to Friday’s finish of US$0.7154 or US$1=1.3979. On the U.S. Dollar Index, the greenback lost 0.662 of a point at 106.845.
Benchmark crude oil prices fell on Monday on hopes of a ceasefire deal between Israel and Hezbollah.
Brent crude oil retreated US$2.04 at US$73.13 per barrel and West Texas Intermediate dropped US$2.16 at US$69.08.
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Glacier FarmMedia — The Canadian dollar was weaker on Monday, hitting its weakest level in six days relative to its…
The TSX Composite Index dipped 33.93 points on Monday to close at 25,410.35.
Gold plummeted US$83.60 at US$2,628.60 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 2.88 Farmers Edge Inc. unchanged at $ 0.345 Linamar Corp. up $ 1.56 at $ 63.41 Maple Leaf Foods up $ 0.72 at $ 23.34 Nutrien Ltd. dn $ 0.16 at $ 65.45 RB Global Inc. up $ 0.86 at $137.55
(All figures are in Canadian dollars)
