Canadian Financial Close: C$ drops with US data

By Commodity News Service Canada

WINNIPEG, July 15 – The Canadian dollar weakened against
its American counterpart. The loonie was pressured by strong economic data
coming out of the US.
The Canadian dollar closed at US$0.7730 or US$1=C$1.2937,
which compares with Thursday’s close of US$0.7753, or
US$1=C$1.2898.
The TSX posted modest losses despite stronger oil prices.
The S&P/TSX Composite Index dropped 32.10 points, or 0.22%,
to close at 14,482.42.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.13 at $ 33.96
Agrium Incorporated———-up $ 0.65 at $123.86
Buhler Industries————– $ 0.00 at $ 4.75
Maple Leaf Foods————-up $ 0.06 at $ 28.80
Potash Corp. of Sask———up $ 0.12 at $ 22.35

(All figures are in Canadian dollars.)