Capital goods report weighs down US$
By Commodity News Service Canada
WINNIPEG, June 26 – The Canadian dollar recorded a slight gain against its US counterpart on Monday. The loonie was
propped up by gains in crude oil and natural gas.
The American greenback softened against most of the other major currencies. Demand for US capital goods fell in May, which
was bearish for the US dollar.
Canadian bonds ended the day mixed. The two-year bond was at 0.905%, compared to 0.898% on Friday.
The loonie ended Monday at US$0.7554 cents or C$1.3238, compared to Friday’s close of US$0.7537 or C$1.3268.
In Toronto, the S&P/TSX Composite Index dipped 3.54 points, or 0.02%, to 15,316.02.
The August gold bullion contract fell US$11.10 or 0.88% to US$1,245.30.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.62 at $ 23.25
Agrium Incorporated———-up $ 0.38 at $122.77
Buhler Industries————– $ 0.00 at $ 4.22
Maple Leaf Foods————-dn $ 0.04 at $ 32.97
Potash Corp. of Sask———up $ 0.05 at $ 22.01
(All figures are in Canadian dollars.)
