By Commodity News Service Canada
WINNIPEG, October 7 – The Canadian dollar fell against its
American counterpart to end the week. The loonie weakened in the
face of US nonfarm’s payroll data that showed an increase of
just 156,000 jobs. Analysts say this added fuel to speculation a
hike to US interest rates is on the way.
Gains in gold, natural gas and silver helped offset losses
in crude oil.
The Canadian dollar closed at C$0.7527 or US$1.3285,
compared to Thursday’s close of C$0.7568 or US$1=C$1.3313.
The S&P/TSX Composite Index dipped on Friday, as losses in
telecommunications hinted at weakened investor confidence.
The index fell 29.24 points, or 0.2%, to close at
14,566.26.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.80 at $ 38.39
Agrium Incorporated———-dn $ 0.12 at $118.99
Buhler Industries————– $ 0.00 at $ 4.40
Maple Leaf Foods————-up $ 0.20 at $ 30.54
Potash Corp. of Sask———dn $ 0.28 at $ 21.21
(All figures are in Canadian dollars.)
