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Canadian Financial Close: Loonie down, crude oil makes gains

| 1 min read

The Canadian dollar eased back, marking a second-straight decline for the currency.

The loonie closed at US$0.7468 or US$1=C$1.3391, compared to US$0.7478 or US$1=C$1.3372 on Friday. The U.S. Dollar Index was up 0.33 of a point at 102.54.

Crude oil prices rose on Tuesday, recovering some of Monday’s losses. Brent crude oil gained US$1.47 at US$77.59 per barrel. West Texas Intermediate (WTI) added US$1.48 at US$72.25/barrel.

The TSX/S&P Composite Index lost 103.93 points at 20,970.98.

Gold was up US$1.90 at US$2,035.40 per ounce.

Canada’s agricultural sector fared as follows:

Buhler Ind.                      up  $ 0.18     at $  2.49

Farmer’s Edge Inc.               unchanged      at $  0.335

Linamar Corp.                    dn  $ 0.61     at $ 62.75

Maple Leaf Foods                 up  $ 0.03     at $ 25.13

Nutrien Ltd.                     dn  $ 3.03     at $ 71.36

RB Global Inc.                   dn  $ 1.03     at $ 86.97

(All figures are in Canadian dollars.)