By MarketsFarm
WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar held firm on Monday, as gains in energy and equity markets provided support.
The Canadian dollar closed at US$0.8085 or US$1=C$1.2368 on Monday, which compares with Friday’s North American close of US$0.8075 or US$1=C$1.2384.
The United States Federal Reserve is set to make its latest interest rate announcement on Wednesday, and investors were showing some caution ahead of the decision.
Crude oil was stronger on the day, with West Texas Intermediate up by 0.49 per cent, at US$83.98 per barrel.
The TSX Composite Index was up by 209.94 points, or 1.00 per cent, to close at 21,247.01 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 3.20
Linamar Corp.——————–up $ 0.91 at $ 68.98
Maple Leaf Foods—————–up $ 0.29 at $ 27.27
Nutrien Ltd.———————up $ 1.93 at $ 88.43
Ritchie Bros Auctioneers Inc.—-up $ 0.01 at $ 84.60
Farmers Edge Inc.—————-up $ 0.25 at $ 5.62
(All figures are in Canadian dollars.)
