By Commodity News Service Canada
WINNIPEG, January 26 – The Canadian dollar softened against
its American counterpart Thursday in the wake of comments by
President Donald Trump on US trade policy.
The fall ended a three-day winning streak by the loonie.
The Canadian dollar closed at C$0.7635 or US$1=C$1.3098,
compared to Wednesday’s close of C$0.7653 or US$1=C$1.3067.
The S&P/TSX Composite Index suffered minor losses on
Thursday, with weakened mining and oil stocks pointing the way
lower.
Traders took profits after a week of gains in several
areas, a report said.
The index declined 28.32 points or 0.2% to 15,615.52.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.05 at $ 36.95
Agrium Incorporated———-dn $ 3.25 at $139.88
Buhler Industries————– $ 0.00 at $ 4.60
Maple Leaf Foods————-dn $ 0.08 at $ 28.99
Potash Corp. of Sask———dn $ 0.76 at $ 25.21
(All figures are in Canadian dollars.)
