By MarketsFarm
WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, as a downward correction in crude oil weighed on the energy-linked currency.
The Canadian dollar settled at US$0.7928 or US$1=C$1.2613 on Wednesday, which compares with Tuesday’s North American close of US$0.7952 or US$1=C$1.2575.
West Texas Intermediate was down by 2.3 per cent, at US$77.08 per barrel, as profit-taking came forward after prices hit fresh multi-year highs.
The TSX Composite Index was stronger, up 8.23 points, or 0.04 per cent, to close at 20,191.66 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 3.21
Linamar Corp.——————–dn $ 1.01 at $ 65.51
Maple Leaf Foods—————–up $ 0.04 at $ 26.80
Nutrien Ltd.———————dn $ 0.32 at $ 85.59
Ritchie Bros Auctioneers Inc.—-dn $ 0.57 at $ 79.23
Farmers Edge Inc.—————-dn $ 0.21 at $ 4.42
(All figures are in Canadian dollars.)
