Canadian Financial Close: C$ firm following U.S. election

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By MarketsFarm

WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart on Wednesday, with uncertainty following the U.S. election leading to some choppy activity in the currency markets.
The Canadian dollar closed at US$0.7612 or US$1=C$1.3138, which compares with Tuesday’s North American close of US$0.7607 or US$1=C$1.3145.
A number of states remained too close to call in the presidential contest between Republican incumbent Donald Trump and Democrat challenger Joe Biden, with millions of ballots left to be counted. Biden led in the overall popular vote, but the U.S. system will see the winner decided by the electoral college.

Canadian Financial Close: C$ firm Friday

Glacier FarmMedia — The Canadian dollar strengthened Friday, as dovish comments out of the United States Federal Reserve weighed on…

Canada’s trade deficit with the rest of the world widened to C$3.25 billion in September, according to a report from Statistics Canada. The deficit came in above average trade estimates, with both exports and imports up on the month.
West Texas Intermediate crude oil was up by 3.5 per cent, at US$39.00 per barrel.
The TSX Composite Index was up on the day, gaining 59.59 points, or 0.37 per cent, to close at 15,998.74 points.

Canada’s agricultural sector performed as follows:

Buhler Industries—————- $ 0.00 at $ 2.25
Linamar Corp.——————–up $ 0.13 at $ 44.44
Maple Leaf Foods—————–up $ 0.72 at $ 24.93
Nutrien Ltd.———————up $ 0.05 at $ 50.59
Ritchie Bros Auctioneers Inc.—-up $ 3.04 at $ 88.06
Rocky Mountain Dealerships Inc.– $ 0.00 at $ 6.94

(All figures are in Canadian dollars.)

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