By Commodity News Service Canada
WINNIPEG, Oct. 25 (CNS Canada) – The Canadian dollar was stronger on Tuesday, although well off its daily highs as the market reacted to comments from Bank of Canada Governor Stephen Poloz.
The Canadian dollar closed at US$0.7490 or US$1=C$1.3352, which compares with Monday’s close of US$0.7470, or US$1=C$1.3386.
Crude oil was down on Tuesday, putting some pressure on the energy-linked currency.
The S&P/TSX Composite Index was weaker on Tuesday, losing 52.38 points, or 0.04%, to close at 14,870.63.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients—–dn $ 0.30 at $ 37.67
Agrium Incorporated———-dn $ 0.56 at $123.72
Buhler Industries———— $ 0.00 at $ 4.45
Maple Leaf Foods————-dn $ 0.19 at $ 30.29
Potash Corp. of Sask———dn $ 0.15 at $ 22.22
(All figures are in Canadian dollars.)
