By MarketsFarm
WINNIPEG, Dec. 24 (MarketsFarm) – The Canadian dollar was slightly higher on Thursday, as its United States counterpart slipped back a little.
The dollar finished at US$0.7791 or US$1.2835, compared to Wednesday’s close of US$0.7778 or US$1=C$1.2856.
The greenback eased lower 0.090 at 90.250 points on the U.S. Dollar Index.
Benchmark crude oil prices were higher on Thursday, with support coming from the signing of a trade deal between the United Kingdom and the European Union. However concerns over the COVID-19 pandemic stymied further gains.
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Brent crude oil was up nine cents at US$51.29 per barrel. West Texas Intermediate (WTI) crude oil gained 18 cents at US$48.30/barrel. Meanwhile, Western Canadian Select (WCS) crude oil lost 18 cents at US$33.20/barrel.
The TSX Composite Index rose 30.31 points on Thursday to finish at 17,623.88.
Gold jumped US$10.58 at US$1,883.46 per ounce.
With Christmas and Boxing Day, the Canadian markets are closed until Tuesday, Dec. 29.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 2.72
Linamar Corp. dn $ 0.37 at $ 68.92
Maple Leaf Foods up $ 0.11 at $ 28.38
Nutrien Ltd. up $ 0.23 at $ 60.65
Ritchie Bros Auctioneers Inc. up $ 0.02 at $ 91.13
Rocky Mountain Dealerships Inc. unchanged at $ 7.40
(All figures are in Canadian dollars.)
