By Commodity News Service Canada
WINNIPEG, February 20 (CNS) – The Canadian dollar fell against its U.S. counterpart on Tuesday, due to broad-based strength in the American greenback.
Declines in gold bullion and copper also weighed down the commodity-backed loonie.
The Canadian dollar settled on Tuesday at US$0.7923 cents or C$1.2622, compared to Friday’s North American close of
US$0.7974 or C$1.2540.
The S&P/TSX Composite Index dipped 13.20 points or 0.09 per cent to 15,439.44.
The index was pressured by losses in the financial sector, metals and mining.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.24 at $ 19.61
Buhler Industries————dn $ 0.22 at $ 4.07
Maple Leaf Foods————-dn $ 0.19 at $ 34.98
Nutrien Ltd.—————–up $ 1.08 at $ 56.92
(All figures are in Canadian dollars.)
