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Canadian Financial Close: C$ weakens off nearby highs

By MarketsFarm

WINNIPEG, Aug. 6 (MarketsFarm) – The Canadian dollar was slightly weaker on Thursday, backing away from the five-month highs hit the previous session. Positioning ahead of the latest jobs data from the United States, due out on Friday, accounted for some of the activity.
The Canadian dollar closed at US$0.7523 or US$1=C$1.3292, which compares with Wednesday’s North American close of US$0.7540 or US$1=C$1.3262.
West Texas Intermediate crude oil was down by about 0.40 per cent, at US$42.02 per barrel.
The TSX Composite Index was stronger, gaining 77.49 points, or 0.47 per cent, to close at 16,579.10 points.

Canada’s agricultural sector performed as follows:

Buhler Industries—————-up $ 0.24 at $ 2.79
Linamar Corp.——————–up $ 0.11 at $ 42.11
Maple Leaf Foods—————–dn $ 0.33 at $ 29.07
Nutrien Ltd.———————dn $ 0.61 at $ 46.86
Ritchie Bros Auctioneers Inc.—-up $ 1.05 at $ 65.10
Rocky Mountain Dealerships Inc.–up $ 0.01 at $ 4.50

(All figures are in Canadian dollars.)

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