Glacier FarmMedia | MarketsFarm – The Canadian dollar rose to its highest close since October.
The loonie ended Monday at US$0.7283 or US$1=C$1.3731, compared to US$0.7270 or US$1=C$1.3756 on Friday.
The United States Dollar Index was down 0.11 of a point at 99.01. Most U.S. markets were closed due to Memorial Day.
Crude oil prices were steady despite U.S. President Donald Trump saying he would delay potential 50 per cent tariffs on goods from the European Union until July. Brent crude oil was down US$0.04 at US$64.74 per barrel. West Texas Intermediate was unchanged at US$61.53/barrel.
The TSX/S&P Composite Index gained 193.18 points at 26,073.13.
Gold shed US$23.60 per ounce at $3,342.20.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 7.29
Farmer’s Edge Inc. unchanged at $ 0.345
Linamar Corp. up $ 0.35 at $ 61.02
Maple Leaf Foods dn $ 0.08 at $ 27.01
Nutrien Ltd. dn $ 0.43 at $ 81.45
RB Global Inc. up $ 0.28 at $147.42
(All figures are in Canadian dollars.)
