Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Friday to end a negative week for the currency.
The loonie closed the day at US$0.7284 or US$1=C$1.3728, compared to US$0.7287 or US$1=C$1.36724 on Thursday. It ended the week down seven-tenths of a U.S. cent compared to June 13.
The United States Dollar Index was down 0.21 of a point at 98.70.
Benchmark crude oil prices were down on Friday. July West Texas Intermediate declined US$0.21 at US$75.80 per barrel, while August Brent crude oil fell US$1.66 at US$77.19/barrel. Contract lag for WTI due to the Juneteenth holiday partly accounted for the discrepancy in price movement compared to Brent.
The TSX/S&P Composite Index subtracted 8.43 points at 26,497.57.
Gold shed US$26.70 per ounce at $3,318.40.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 7.29
Farmer’s Edge Inc. unchanged at $ 0.345
Linamar Corp. dn $ 0.71 at $ 62.75
Maple Leaf Foods up $ 0.21 at $ 28.28
Nutrien Ltd. dn $ 0.58 at $ 83.81
RB Global Inc. dn $ 0.42 at $143.52
(All figures are in Canadian dollars.)
