By Commodity News Service Canada
WINNIPEG, November 1 – The Canadian dollar ended relatively
unchanged on Wednesday, as the US Federal Reserve left the
interest rate unchanged.
However, there were some indications the central bank may
raise rates in the near future, as the U.S. is looking at a
hefty bill following a busy hurricane season.
Gains in gold bullion were offset by losses in crude oil.
The Canadian dollar settled on Wednesday at US$0.7761 cents
or C$1.2885, compared to Tuesday’s North American close of
US$0.7756 or C$1.2893.
In Toronto, the S&P/TSX Composite Index inched up 3.74
points, or 0.02% to 16,029.33.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.66 at $ 22.47
Agrium Incorporated———-up $ 0.44 at $140.89
Buhler Industries————– $ 0.00 at $ 4.50
Maple Leaf Foods————-dn $ 0.10 at $ 33.36
Potash Corp. of Sask———up $ 0.18 at $ 25.29
(All figures are in Canadian dollars.)
