By Commodity News Service Canada
WINNIPEG, September 20 – The Canadian dollar ended
relatively unchanged on Tuesday, as investors waited for this
week’s meeting of the US Federal Open Market Committee to
conclude. The group is determining whether adjustments to the US
interest rate should be made.
The loonie had already found itself in a narrow trading
range following dovish comments by Canada’s central bank
governor Stephen Poloz.
The Canadian dollar closed at US$0.7571 or US$1=C$1.3209,
which compares with Monday’s close of US$0.7572, or
US$1=C$1.3207.
The S&P/TSX Composite Index posted minor gains on the back
of higher gold and crude oil prices. Advances in silver and
natural gas contributed to the upside.
The index gained 25.75 points, or 0.18%, to close at
14,521.98.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.05 at $ 37.42
Agrium Incorporated———-up $ 0.89 at $119.81
Buhler Industries————– $ 0.00 at $ 4.51
Maple Leaf Foods————-up $ 0.43 at $ 29.50
Potash Corp. of Sask———– $ 0.00 at $ 21.10
(All figures are in Canadian dollars.)
