Compiled by MarketsFarm
WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar continued to vacillate either side of 74 United States on Friday, as it slipped beneath the mark.
The loonie closed at US$0.7396 or US$1=C$1.3520, compared to Thursday’s finish of US$0.7411 or US$1=C$1.3493. On the U.S. Dollar Index, the greenback dipped 0.038 of a point at 105.895.
Benchmark crude oil prices eased back on Friday, as the market became overbought, however ongoing output cuts by Saudi Arabia and Russia stymied further declines.
Brent crude oil shed seven cents at US$95.31 per barrel, while West Texas Intermediate was down 81 cents at US$90.90, and Western Canadian Select fell US$1.69 at US$72.49.
The TSX Composite Index gave up 49.47 points on Friday to close at 19,541.27.
Gold lost US$14.50 at US$1,864.10 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 2.41 Farmers Edge Inc. dn $ 0.015 at $ 0.165 Linamar Corp. up $ 0.52 at $ 65.43 Maple Leaf Foods up $ 0.47 at $ 26.10 Nutrien Ltd. dn $ 1.03 at $ 83.88 Ritchie Bros Auctioneers Inc. up $ 0.45 at $ 85.04
(All figures are in Canadian dollars)
