By Commodity News Service Canada
WINNIPEG, August 25 – The Canadian dollar ended higher
against its US counterpart on Friday. The loonie was bolstered
by US Federal Reserve Chairwoman Janet Yellen’s omission of any
remarks on monetary policy during a speech today.
The strength of the loonie could make it tough for the Bank
of Canada to impose hikes to interest rates, according to a
report.
The Canadian dollar ended Friday at US$0.8005 cents or
C$1.2492, compared to Thursday’s North American close of
US$0.7981 or C$1.2529.
In Toronto, the S&P/TSX Composite Index fell by 20.17
points, or 0.1% to 15,055.99.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.26 at $ 24.05
Agrium Incorporated———-up $ 0.09 at $121.04
Buhler Industries————– $ 0.00 at $ 4.19
Maple Leaf Foods————-dn $ 0.01 at $ 34.53
Potash Corp. of Sask———– $ 0.00 at $ 21.56
(All figures are in Canadian dollars.)
