By MarketsFarm
WINNIPEG, July 11 (MarketsFarm) – The Canadian dollar was weaker on Monday, as weakness in global equity markets and broad strength in the United States dollar index weighed on the currency.
The Canadian dollar was trading at US$0.7690 or US$1=C$1.3004 late Monday, which compares with Friday’s North American close of US$0.7711 or US$1=C$1.2968.
Losses in crude oil added to the softer tone in the energy-linked currency, with West Texas Intermediate crude oil down by 1.30 per cent at US$103.42 per barrel.
The TSX Composite Index was down by 206.06 points, or 1.08 per cent, to close at 18,816.80 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.34
Linamar Corp.——————–dn $ 2.68 at $ 53.57
Maple Leaf Foods—————–dn $ 0.40 at $ 25.97
Nutrien Ltd.———————dn $ 0.35 at $ 98.48
Ritchie Bros Auctioneers Inc.—-up $ 0.03 at $ 85.22
Farmers Edge Inc.—————-up $ 0.07 at $ 1.60
(All figures are in Canadian dollars.)
