By Commodity News Service Canada
WINNIPEG, July 10 – The Canadian dollar ended relatively unchanged compared to its US counterpart on Monday.
The loonie was chopping around amid expectations the Bank of Canada will raise its interest rate for the first time in seven years.
The Canadian dollar ended Monday at US$0.7759 cents or C$1.2888, compared to Friday’s close of US$0.7760 or C$1.2887.
In Toronto, the S&P/TSX Composite Index climbed 82.52 points, or 0.55%, to 15,109.68.
The agri-business sector was one of the key movers today. Fertilizer giant Potash Corp rose 5.2% while Agrium advanced 5.3%.
Advances in gold bullion, crude oil and natural gas were also bullish for the market.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.27 at $ 23.72
Agrium Incorporated———-up $ 6.18 at $123.20
Buhler Industries————– $ 0.00 at $ 4.23
Maple Leaf Foods————-dn $ 0.07 at $ 32.71
Potash Corp. of Sask———up $ 1.09 at $ 22.13
(All figures are in Canadian dollars.)
