By MarketsFarm
WINNIPEG, Feb. 27 (MarketsFarm) – The Canadian dollar was firmer on Monday, taking back some of its recent losses relative to its United States counterpart as participants adjusted positions ahead of Tuesday’s gross domestic product report from Statistics Canada.
The Canadian dollar settled at US$0.7368 or US$1=C$1.3573 on Monday, which compares with Friday’s close of US$0.7341 or US$1=C$1.3622.
Crude oil was softer, with West Texas Intermediate crude oil down by 0.7 per cent at US$75.78 per barrel.
The TSX Composite Index strengthened on the day, up 40.94 points or 0.20 per cent to close at 20,260.13 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————-up $ 0.03 at $ 2.33
Linamar Corp.——————–up $ 0.59 at $ 73.99
Maple Leaf Foods—————–dn $ 0.10 at $ 27.38
Nutrien Ltd.———————up $ 0.95 at $105.57
Ritchie Bros Auctioneers Inc.—-up $ 0.36 at $ 82.71
Farmers Edge Inc.—————-dn $ 0.025 at $ 0.25
(All figures are in Canadian dollars.)
