By MarketsFarm
WINNIPEG, April 5 (MarketsFarm) – The Canadian dollar was slightly softer on Wednesday, as investors adjusted positions ahead of monthly North American jobs data.
The Canadian dollar settled at US$0.7431 or US$1=C$1.3457 on Tuesday, which compares with Tuesday’s close of US$0.7437 or US$1=C$1.3447.
Canada’s trade surplus with the rest of the world declined to C$422 million in February, from C$1.2 billion the previous month, as exports were down by 2.4 per cent and imports decreased by 1.3 per cent, according to a report from Statistics Canada.
Crude oil was softer, with West Texas Intermediate crude oil down by 0.4 per cent at US$80.38 per barrel.
The TSX Composite Index was down by 116.21 points or 0.57 per cent to close at 20,159.55 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.20
Linamar Corp.——————–dn $ 1.63 at $ 61.67
Maple Leaf Foods—————–up $ 0.28 at $ 26.02
Nutrien Ltd.———————dn $ 2.17 at $ 96.13
Ritchie Bros Auctioneers Inc.—-up $ 0.18 at $ 75.47
Farmers Edge Inc.—————-dn $ 0.005 at $ 0.23
(All figures are in Canadian dollars.)
