By Commodity News Service Canada
WINNIPEG, February 1 – The Canadian dollar declined against
its US counterpart Wednesday after the US Federal Reserve opted
to leave the interest rate unchanged.
Gains in crude oil and gold helped limit the losses.
The Canadian dollar closed at C$0.7665 or US$1=C$1.3047,
compared to Tuesday’s close of C$0.7685 or US$1=C$1.3012.
The S&P/TSX Composite Index finished slightly higher on the
day. The index took strength from positive US manufacturing news
and gains in mining and energy companies.
Imperial oil rose 0.7% while Suncor advanced 0.4%.
Uranium giant Cameco suffered a loss of 11.3%.
The index advanced 16.43 points or 0.1% to 15,402.39.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.10 at $ 35.71
Agrium Incorporated———-up $ 0.01 at $134.03
Buhler Industries————– $ 0.00 at $ 4.56
Maple Leaf Foods————-up $ 0.13 at $ 29.96
Potash Corp. of Sask———up $ 0.01 at $ 24.22
(All figures are in Canadian dollars.)
