Compiled by MarketsFarm
WINNIPEG, June 19 (MarketsFarm) – The Canadian dollar was relatively steady on Monday, as the United States dollar added value while crude oil prices slipped.
The Canadian dollar closed at US$0.7572 or US$1=C$1.3206, compared to Friday’s finish of US$0.7577 or US$1=C$1.3198. On the U.S. Dollar Index, the greenback gained 0.257 of a point at 102.095.
Benchmark crude oil prices eased back on Monday with China’s sluggish economy weighing on values, while losses were tempered by OPEC+ production cuts.
Brent crude oil gave up 52 cents at US$76.09 per barrel and West Texas Intermediate (WTI) shed 49 cents at US$71.29/barrel.
The TSX Composite Index eased back 41.16 points on Monday to close at 19,934.21. The U.S. stock markets were closed for the Juneteenth holiday.
Gold was down US$8.90 at US$1,962.30 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 2.12 Farmers Edge Inc. up $ 0.03 at $ 0.20 Linamar Corp. dn $ 0.06 at $ 70.47 Maple Leaf Foods dn $ 0.08 at $ 26.11 Nutrien Ltd. up $ 0.08 at $ 79.20 Ritchie Bros Auctioneers Inc. dn $ 0.30 at $ 74.88
(All figures are in Canadian dollars.)
