By MarketsFarm
WINNIPEG, Sep. 15 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as investors backed away from riskier assets and the United States dollar saw broad global strength.
The Canadian dollar settled at US$0.7576 or US$1=C$1.3200 on Thursday, which compares with Wednesday’s close of US$0.7595 or US$1=C$1.3166.
Losses in crude oil contributed to the declines in the energy-linked Canadian currency. West Texas Intermediate crude oil was down by 3.87 per cent at US$85.06 per barrel.
The TSX Composite Index was weaker, down 165.98 points or 0.84 per cent to close at 19,560.16 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————-dn $ 0.04 at $ 1.96
Linamar Corp.——————–dn $ 1.18 at $ 64.60
Maple Leaf Foods—————–dn $ 0.02 at $ 23.14
Nutrien Ltd.———————dn $ 3.21 at $117.56
Ritchie Bros Auctioneers Inc.—-dn $ 0.05 at $ 86.68
Farmers Edge Inc.—————-dn $ 0.04 at $ 0.82
(All figures are in Canadian dollars.)
