Canadian Financial Close: C$ holds steady Friday

By Phil Franz-Warkentin

Glacier FarmMedia MarketsFarm – The Canadian dollar held within a narrow range on Friday, lacking any clear direction as traders adjusted positions ahead of the weekend amid a lack of fresh news. Gross domestic product data for both the United States and Canada will be released next week.

The Canadian dollar settled at US$0.7411 or US$1=C$1.3494 on Friday, which was unchanged from Thursday’s close.

Crude oil was weaker, with West Texas Intermediate crude oil down by 2.63 per cent at US$76.54 per barrel.

The TSX Composite Index was up by 95.07 points to close at 21,413.15 points.

Canada’s agricultural sector performed as follows:

Buhler Ind.———————-up  $ 0.01    at $  2.17

Linamar Corp.——————–up  $ 0.49    at $ 67.53

Maple Leaf Foods—————–dn  $ 0.90    at $ 23.02

Nutrien Ltd.———————dn  $ 1.10    at $ 71.91

RB Global Inc.——————-up  $11.29    at $103.52

Farmers Edge Inc.—————-    $ 0.00    at $  0.345

(All figures are in Canadian dollars.)