WINNIPEG – The Canadian dollar went down for the third straight day on Thursday.
The loonie closed at US$0.7372 or US$1=C$1.3565 on Thursday, compared to US$0.7379 or US$1=C$1.3552 on Wednesday.
The United States Dollar Index rose 0.58 of a point at 104.00, hitting its highest level since June 7.
Despite showing weakness throughout much of the day, crude oil was steady on Thursday afternoon.
Brent crude oil was unchanged at US$83.21 per barrel. West Texas Intermediate (WTI) was down US$0.01 at US$78.88/barrel.
The TSX/S&P Composite Index lost more than half of Wednesday’s gains, dropping 103.96 points at 19,775.83.
Gold shed US$3.30 at US$1,944.80 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. up $ 0.01 at $ 2.53
Farmer’s Edge Inc. up $ 0.01 at $ 0.20
Linamar Corp. dn $ 0.47 at $ 69.01
Maple Leaf Foods up $ 0.17 at $ 29.24
Nutrien Ltd. up $ 0.93 at $ 82.62
Ritchie Bros Auctioneers Inc. up $ 0.26 at $ 79.34
(All figures are in Canadian dollars.)
