By MarketsFarm
WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar was steady at Tuesday’s close, holding near the three-and-a-half year highs.
The Canadian dollar closed at US$0.8267 or US$1=C$1.2096 on Monday, which was up from Monday’s North American close US$0.8268 or US$1=C$1.2095.
Strength in global commodity markets, including fresh highs in copper, contributed to the continued firmness in the currency.
Crude oil was stronger, with West Texas Intermediate crude oil up by 0.65 per cent at US$65.32 per barrel.
The TSX Composite Index was weaker, down 87.84 points, or 0.45 per cent, to close at 19,274.04 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 3.75
Linamar Corp.——————–dn $ 2.42 at $ 76.61
Maple Leaf Foods—————–up $ 0.04 at $ 26.24
Nutrien Ltd.———————dn $ 0.29 at $ 74.36
Ritchie Bros Auctioneers Inc.—-dn $ 2.50 at $ 79.11
Farmers Edge Inc.—————-up $ 0.05 at $ 14.05
(All figures are in Canadian dollars.)