By MarketsFarm
WINNIPEG, Feb. 18 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart on Thursday, but lacked any clear direction in narrow, range-bound activity.
The Canadian dollar closed at US$0.7876 or US$1=C$1.2696, which compares with Wednesday’s North American close US$0.7867 or US$1=C$1.2712.
Crude oil was softer on Thursday, putting some pressure on the energy-linked currency. West Texas Intermediate crude oil was down by 1.83 per cent, at US$60.02 per barrel.
The TSX Composite Index was weaker, losing 100.71 points, or 0.55 per cent, to close at 18,274.07 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————-up $ 0.15 at $ 2.90
Linamar Corp.——————–dn $ 2.47 at $ 67.48
Maple Leaf Foods—————–dn $ 0.02 at $ 24.20
Nutrien Ltd.———————dn $ 0.42 at $ 70.48
Ritchie Bros Auctioneers Inc.—-dn $ 0.52 at $ 72.39
(All figures are in Canadian dollars.)
