Canadian Financial Close: Loonie returns to 73 U.S. cents for second time
U.S. markets closed for Thanksgiving
Compiled by MarketsFarm
WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar finished at 73 United States on Thursday, exactly where the loonie closed on Tuesday.
The loonie closed at US$0.7300 or US$1=C$1.3699, compared to Wednesday’s finish of US$0.7287 or US$1=C$1.3723. On the United States Dollar Index, the greenback slipped 0.170 of a point at 103.655.
Benchmark crude oil prices were slightly lower on Thursday, due to the internal turmoil in the OPEC+ alliance over production cuts.
Brent crude oil slipped 54 cents at US$81.42 per barrel, and West Texas Intermediate gave up 75 cents at US$76.35.
The TSX Composite Index was flat on Thursday, tacking on 2.70 points to close at 20,116.66. Markets in the U.S. were closed for Thanksgiving.
Gold inched up 50 cents at US$1,993.30 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Industries up $ 0.02 at $ 2.25 Farmers Edge Inc. dn $ 0.005 at $ 0.24 Linamar Corp. up $ 0.31 at $ 57.87 Maple Leaf Foods dn $ 0.02 at $ 25.02 Nutrien Ltd. up $ 0.17 at $ 76.12 Rb Global Inc. dn $ 0.81 at $ 84.36
(All figures are in Canadian dollars)
