By Commodity News Service Canada
WINNIPEG, June 8 (CNS Canada) – The Canadian dollar held within a narrow range on Thursday, settling slightly lower overall as investors kept their eyes on a number of outside influences.
The Canadian dollar closed at US$0.7406 or US$1=C$1.3503, which compares with Tuesday’s close of US$0.7412, or US$1=C$1.3492.
The testimony of former FBI director James Comey in the US was followed closely, while the Bank of Canada also released a report on the country’s financial systems.
The United Kingdom held its general election on Thursday.
Crude oil held relatively steady, after dropping sharply the previous session.
The S&P/TSX Composite Index was stronger on Thursday, gaining 50.95 points, or 0.3%, to close at 15,423.09.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients—–dn $ 0.29 at $ 25.35
Agrium Incorporated———-up $ 0.32 at $123.09
Buhler Industries———— $ 0.00 at $ 4.21
Maple Leaf Foods————-dn $ 0.36 at $ 34.58
Potash Corp. of Sask———up $ 0.08 at $ 22.02
(All figures are in Canadian dollars.)
