Compiled by Glen Hallick, MarketsFarm
WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was lower on Tuesday, as the United States dollar gained a bit of ground and crude oil prices pulled back.
The loonie finished at US$0.7954 or US$1=C$1.2572, compared to Monday’s close of US$0.7988 or US$1=C$1.2519.
On the U.S. Dollar Index, the greenback rose 0.155 at 91.205 points.
Benchmark crude oil prices turned lower on Tuesday as concerns over the global surge of new cases of COVID-19 hurting demand weighed on values. The shutdown of the Libyan port of Hariga tempered those losses.
Read Also
Canadian Financial Close: Loonie, oil slightly lower
The Canadian dollar moved away from the 73 United States cent mark to start 2026. The loonie declined to…
Brent crude oil was down 57 cents at US$66.48 per barrel. West Texas Intermediate (WTI) crude oil lost 94 cents at US$62.44/barrel. Western Canadian Select (WCS) dropped US$1.08 at US$50.71/barrel.
The TSX Composite Index fell back 163.64 points on Tuesday to finish at 19,040.78.
Gold gained US$7.90 at US$1,778.50 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 3.79
Farmers Edge Inc. dn $ 0.33 at $ 17.60
Linamar Corp. dn $ 1.16 at $ 72.67
Maple Leaf Foods up $ 0.43 at $ 28.49
Nutrien Ltd. dn $ 0.98 at $ 66.62
Ritchie Bros Auctioneers Inc. up $ 0.25 at $ 78.69
(All figures are in Canadian dollars.)
