By Commodity News Service Canada
WINNIPEG, July 13 (CNS) – The Canadian dollar ended
relatively flat against its U.S. counterpart on Friday. The
inactivity surprised some who thought Wednesday’s decision by
the Bank of Canada to hike the interest rate would have had more
impact on the commodity-based currency. Surging oil prices have
also failed to ignite the loonie.
Losses in gold and natural gas weighed on the Canadian
dollar.
The loonie finished at US$0.7592 or C$1.3171, compared to
Thursday’s North American close of US$0.7595 or C$1.3166.
The S&P/TSX Composite Index fell 6.30 points, or 0.04%, to
16,561.12. The declines could have been more except for the
strong performance of the energy sector.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.01 at $ 14.79
Buhler Industries————– $ 0.00 at $ 3.63
Maple Leaf Foods————-dn $ 0.01 at $ 33.99
Nutrien Ltd.—————–up $ 0.03 at $ 69.83
(All figures are in Canadian dollars.)
