Canadian Financial Close: C$ softens ahead of “Brexit” vote

By Commodity News Service Canada

WINNIPEG, June 22 – The Canadian dollar softened against
its American counterpart Wednesday. The loonie kept in a narrow
trading range just hours before Britain held a referendum on
whether or not to stay in the European Union.
Weaker oil prices also weighed on the currency.
The Canadian dollar closed at US$0.7789 or US$1=C$1.2839,
which compares with Tuesday’s close of US$0.7806, or
US$1=C$1.2811.
The Standard & Poor’s/TSX Composite Index ended slightly
lower Wednesday shedding 8.51 points, or 0.06%, to 14,003.81, as
jittery investors waited for the outcome of the vote.
Gains in materials limited the losses.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.52 at $ 35.27
Agrium Incorporated———-dn $ 0.39 at $120.33
Buhler Industries————dn $ 0.05 at $ 4.86
Maple Leaf Foods————-dn $ 0.15 at $ 26.94
Potash Corp. of Sask———dn $ 0.21 at $ 21.19

(All figures are in Canadian dollars.)