By Commodity News Service Canada
WINNIPEG, June 1 (CNS) – The Canadian dollar fell in value
Friday, weighted by a drop in the stock market and ongoing
concern about trade with the United States.
The Canadian dollar settled Friday at US$0.7714 or
C$1.2964, compared to Thursday’s North American close of
US$0.7723 or C$1.2948.
Oil prices retreated Friday after strengthening early in
the session as U.S. President Donald Trump’s remarks on trade
led the American dollar to strengthen against other currencies.
Brent crude dropped 91 cents to US$76.65 per barrel.
In Toronto, the TSX/S&P Composite closed lower Friday. The
TSX/S&P lost 17.96 points, or 0.11 per cent, to 16,043.54.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.21 at $ 15.85
Buhler Industries————unchanged at $ 3.61
Maple Leaf Foods————-dn $ 0.18 at $ 30.04
Nutrien Ltd.—————–up $ 0.18 at $ 65.79
(All figures are in Canadian dollars.)
