By Commodity News Service Canada
WINNIPEG, February 14 (CNS) – The Canadian dollar recorded
solid gains against its U.S. counterpart on Wednesday, taking
strength from advances in crude oil and gold bullion.
The loonie reached its highest point in several days amid
steady trade.
The Canadian dollar settled on Wednesday at US$0.7961 cents
or C$1.2562, compared to Tuesday’s North American close of
US$0.7937 or C$1.2600.
Canadian bonds sank Wednesday due to worries over rising
inflation. The 10-year bond yield was at 2.372% from 2.337%.
The S&P/TSX Composite Index fell 111.80 points or 0.73
percent to 15,328.27.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.01 at $ 19.99
Buhler Industries————up $ 0.14 at $ 4.20
Maple Leaf Foods————-up $ 0.27 at $ 34.67
Nutrien Ltd.—————–dn $ 0.60 at $ 55.74
(All figures are in Canadian dollars.)
