By Commodity News Service Canada
WINNIPEG, June 20 (CNS) – The Canadian dollar weakened
relative to its U.S. counterpart on Wednesday. The loonie milled
around in listless trade for much of the day, pressured by U.S.
tariffs on imports of aluminium, soft lumber and steel.
The loonie finished at US$0.7518 or C$1.3301, compared to
Tuesday’s North American close of US$0.7532 or C$1.3276.
Traders are now waiting to see the latest batch of reports
on Canadian retail sales and inflation. Those reports are due
out Friday.
The S&P/TSX Composite Index rose 104.42 points, or 0.64%,
to 16,420.95.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.23 at $ 15.17
Buhler Industries————dn $ 0.07 at $ 3.62
Maple Leaf Foods————-up $ 0.03 at $ 32.26
Nutrien Ltd.—————–dn $ 0.58 at $ 69.62
(All figures are in Canadian dollars.)
