Compiled by Glen Hallick, MarketsFarm
WINNIPEG, June 30 (MarketsFarm) – The Canadian dollar eased back on Wednesday, as the United States dollar edged higher.
The loonie closed at US$0.8068 or US$1=C$1.2394, compared to Tuesday’s close of US$0.8075 or US$1=C$1.2384.
On the U.S. Dollar Index the greenback was up 0.299 at 92.340 points.
Benchmark crude oil prices were higher on Wednesday, as the markets wait for tomorrow’s OPEC+ discussions on increasing production and as negotiations for a nuclear deal between Iran and the United States stalled.
Brent crude oil gained 37 cents at US$75.13 per barrel. West Texas Intermediate (WTI) crude oil increased 53 cents at US$73.51 per barrel. Western Canadian Select (WCS) was up 12 cents at US$59.52 per barrel.
The TSX Composite Index finished flat, dipping 5.44 points on Wednesday to finish at 20,165.58.
Gold rose US$6.70 at US$1,770.30 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 3.31
Farmers Edge Inc. up $ 0.03 at $ 11.98
Linamar Corp. dn $ 0.47 at $ 77.75
Maple Leaf Foods dn $ 1.25 at $ 25.73
Nutrien Ltd. up $ 1.58 at $ 75.11
Ritchie Bros Auctioneers Inc. up $ 0.07 at $ 73.49
(All figures are in Canadian dollars.)
