By Commodity News Service Canada
WINNIPEG, June 21 (CNS) – The Canadian dollar finished
relatively flat against its U.S. counterpart on Thursday. The
loonie felt some slight pressure by declines in the country’s
wholesale sales rate. Wholesale transactions in Canada increased
by 0.1 per cent in April. However, it was a pace much slower
than analysts had anticipated, which was bearish for the
currency,
The loonie finished at US$0.7513 or C$1.3310, compared to
Wednesday’s North American close of US$0.7518 or C$1.3301.
Advances in crude oil prices were offset by losses in gold
bullion.
The S&P/TSX Composite Index fell 85.80 points, or 0.52%, to
16,335.15.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.07 at $ 15.10
Buhler Industries————dn $ 0.07 at $ 3.62
Maple Leaf Foods————-up $ 0.24 at $ 32.50
Nutrien Ltd.—————–dn $ 0.51 at $ 70.13
(All figures are in Canadian dollars.)
