Glacier FarmMedia | MarketsFarm – The Canadian dollar ended Monday short of the 74 United States cent mark, but it was the highest close since October.
The loonie closed the day at US$0.7376 or US$1=C$1.3558, compared to US$0.7354 or US$1=C$1.3598 on Friday.
The U.S. Dollar Index was down 0.04 of a point at 98.14 after nearly dropping to a 52-week low this morning. U.S. President Donald Trump and Canadian Prime Minister Mark Carney met at the G7 summit in Kananaskis, Alta. this morning to discuss trade.
Crude oil prices fell on Monday as Israel’s strikes on Iran failed to disrupt flows. West Texas Intermediate was down US$1.73 at US$71.25/barrel, while Brent crude oil dropped US$1.46 at US$72.77.
The TSX/S&P Composite Index added 64.26 points at 26,568.61.
Gold fell US$49.70 per ounce at $3,403.10.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 7.29
Farmer’s Edge Inc. unchanged at $ 0.345
Linamar Corp. up $ 0.45 at $ 63.37
Maple Leaf Foods up $ 0.07 at $ 27.95
Nutrien Ltd. dn $ 0.13 at $ 85.29
RB Global Inc. up $ 0.47 at $144.91
(All figures are in Canadian dollars.)
