WINNIPEG, Oct. 14 (MarketsFarm) – The Canadian dollar was stronger on Thursday, hitting a three-month high relative to its United States counterpart as strength in crude oil underpinned the energy-linked currency.
The Canadian dollar settled at US$0.8083 or US$1=C$1.2372 on Thursday, which compares with Wednesday’s North American close of US$0.8035 or US$1=C$1.2445.
West Texas Intermediate was up by 1.3 per cent, at US$81.47 per barrel.
The TSX Composite Index was stronger, up 201.47 points, or 0.98 per cent, to close at 20,819.94 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 3.21
Linamar Corp.——————–up $ 1.94 at $ 69.21
Maple Leaf Foods—————–up $ 0.31 at $ 27.20
Nutrien Ltd.———————up $ 0.93 at $ 88.65
Ritchie Bros Auctioneers Inc.—-up $ 1.08 at $ 81.82
Farmers Edge Inc.—————-up $ 0.10 at $ 4.90
(All figures are in Canadian dollars.)