By MarketsFarm
WINNIPEG, Jan. 13 (MarketsFarm) – The Canadian dollar was slightly weaker on Friday, backing away from Thursday’s seven-week highs. A declining appetite for riskier assets was reportedly weighing on the currency, although both crude oil and the TSX were up on the day.
The Canadian dollar settled at US$0.7459 or US$1=C$1.3406 on Friday, which compares with Thursday’s close of US$0.7475 or US$1=C$1.3378.
West Texas Intermediate crude oil was up by 1.9 per cent at US$79.91 per barrel.
The TSX Composite Index was stronger, up 148.90 points or 0.74 per cent late in the day at 20,360.10 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————-dn $ 0.01 at $ 1.96
Linamar Corp.——————–up $ 0.55 at $ 65.74
Maple Leaf Foods—————–dn $ 0.03 at $ 26.22
Nutrien Ltd.———————dn $ 1.32 at $100.66
Ritchie Bros Auctioneers Inc.—-up $ 0.34 at $ 79.60
Farmers Edge Inc.—————-dn $ 0.005 at $ 0.255
(All figures are in Canadian dollars.)
