By Commodity News Service Canada
WINNIPEG, January 20 – The Canadian dollar ticked lower
against its US counterpart Friday, on a relatively quiet day of
trading.
Gains in gold bullion and crude oil lent support to the
loonie while losses in natural gas were bearish.
The Canadian dollar closed at C$0.7504 or US$1=C$1.3327,
compared to Thursday’s close of C$0.7511 or US$1=C$1.3314.
The S&P/TSX Composite Index finished higher on Friday, with
financial stocks bolstered by the swearing in of Donald Trump as
US President.
Toronto-Dominion rose 1.1% while Royal Bank climbed 0.9%
The index jumped 138.07 points or 0.9% to 15,547.88.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.46 at $ 36.98
Agrium Incorporated———-up $ 5.53 at $140.15
Buhler Industries————– $ 0.00 at $ 4.80
Maple Leaf Foods————-up $ 0.70 at $ 28.59
Potash Corp. of Sask———up $ 1.16 at $ 25.23
(All figures are in Canadian dollars.)