By Commodity News Service Canada
WINNIPEG, Jan. 23 (CNS) – The Canadian dollar was weaker at market close Wednesday, as gold, oil and the stock market all suffered losses.
The Canadian dollar settled Wednesday at US$0.7492 or C$1.3348, compared to Tuesday’s North American close of US$0.7496 or C$1.3340.
Oil prices were down Wednesday with United States stock markets. U.S. West Texas Intermediate crude lost 99 U.S. cents to US$52.02 per barrel. Brent crude futures fell by US$1.07 to US$60.43 per barrel.
Gold prices steadied Wednesday. Spot gold was little changed at US$1,283.43 per ounce. U.S. gold futures were unchanged at US$1,284 per ounce.
Read Also
Canadian Financial Close: Loonie drops, new record for TSX
Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Friday but still ended the week slightly higher than the last….
In Toronto, the S&P/TSX Composite closed lower Wednesday, despite Bank of Canada Governor Stephen Poloz reassurances that Canada’s economy is in good shape. The S&P/TSX lost 25.43 points, or 0.17 per cent, to 15,208.33.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.06 at $ 16.78
Buhler Industries—————-unchanged at $ 3.66
Linamar Corp.——————–up $ 0.20 at $ 47.53
Maple Leaf Foods—————–up $ 0.29 at $ 29.21
Nutrien Ltd.———————dn $ 0.34 at $ 67.59
Ritchie Bros Auctioneers Inc.——dn $ 0.37 at $ 48.12
Rocky Mountain Dealerships Inc.—-dn $ 0.09 at $ 8.56
(All figures are in Canadian dollars.)
