By MarketsFarm
Glacier FarmMedia MarketsFarm– The Canadian dollar held steady Thursday, lacking any clear direction.
The Canadian dollar settled at US$0.7291 or US$1=C$1.3715 on Wednesday, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3711.
New home sales in Canada were up by 4.8 per cent in July compared to the same month a year ago, according to a report from the Canadian Real Estate Association, although sales were down by 0.7 per cent from the previous month on a seasonally adjusted basis.
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Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was holding steady Wednesday morning, lacking any clear direction as currency traders continued to…
Canadian wholesale sales dropped by 0.6 per cent in June compared to the previous month, coming in at C$82.4 billion, according to a report from Statistics Canada. Sales were down in five of the seven subsectors.
Crude oil was stronger, with West Texas crude oil up by
1.27 per cent at US$77.96 per barrel.
The TSX Composite Index gained 262.25 points to close at 22,760.01 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.05
Linamar Corp.——————–up $ 0.50 at $ 62.09
Maple Leaf Foods—————–dn $ 0.05 at $ 22.95
Nutrien Ltd.———————up $ 0.69 at $ 63.66
RB Global Inc.——————-up $ 2.36 at $112.20
Farmers Edge Inc.—————- $ 0.00 at $ 0.345
(All figures are in Canadian dollars.)
