Canadian Financial Close: Loonie weakens against rising US$

By Commodity News Service Canada

WINNIPEG, November 14 – The Canadian dollar dipped against
its US counterpart on Monday. The US dollar was buoyed by
speculation the US Federal Reserve will bump up the interest
rate due to an expected fiscal stimulus.
The Canadian dollar closed at C$0.7380 or US$1.3551,
compared to the previous close of C$0.7388 or US$1=C$1.3535.
The S&P/TSX Composite Index finished lower tracking losses
in gold.
Slight gains in crude oil helped mitigate the losses.
The index fell 43.10 points, or 0.30%, to close at
14,598.51.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–dn $ 0.84 at $ 35.00
Agrium Incorporated———-up $ 0.49 at $133.04
Buhler Industries————– $ 0.00 at $ 4.69
Maple Leaf Foods————-dn $ 0.48 at $ 28.03
Potash Corp. of Sask———up $ 0.03 at $ 23.87

(All figures are in Canadian dollars.)