By MarketsFarm
WINNIPEG, Nov. 5 (MarketsFarm) – The Canadian dollar held relatively steady on Friday, seeing little direction ahead of the weekend.
The Canadian dollar closed at US$0.8031 or US$1=C$1.2452 on Thursday, which compares with Thursday’s North American close of US$0.8033 or US$1=C$1.2449.
Strength in crude oil provided underlying support. However, broad gains in the United States dollar internationally, on the back of strong U.S. jobs data, was bearish for the Canadian currency.
West Texas Intermediate crude oil was up by 3.27 per cent, at US$81.39 per barrel.
The TSX Composite Index was up by 113.69 points, or 0.53 per cent, to close at 21,455.82 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 3.21
Linamar Corp.——————–up $ 0.29 at $ 70.50
Maple Leaf Foods—————–up $ 1.04 at $ 31.66
Nutrien Ltd.———————dn $ 0.39 at $ 83.32
Ritchie Bros Auctioneers Inc.—-up $ 7.01 at $ 92.67
Farmers Edge Inc.—————-up $ 0.09 at $ 5.31
(All figures are in Canadian dollars.)
