By MarketsFarm
WINNIPEG, Oct. 19 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, hitting fresh three-month highs as the United States dollar saw broad weakness internationally.
The Canadian dollar closed at US$0.8093 or US$1=C$1.2357 on Tuesday, which compares with Monday’s North American close of US$0.8081 or US$1=C$1.2375.
Advances in crude oil contributed to the firmer tone in the energy-linked Canadian dollar. West Texas Intermediate was up by 0.5 per cent, at US$82.86 per barrel.
The TSX Composite Index was stronger, up 101.62 points, or 0.48 per cent, to close at 21,086.99 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 3.21
Linamar Corp.——————–dn $ 0.55 at $ 68.86
Maple Leaf Foods—————–up $ 0.12 at $ 27.53
Nutrien Ltd.———————up $ 0.33 at $ 88.78
Ritchie Bros Auctioneers Inc.—-up $ 0.60 at $ 84.10
Farmers Edge Inc.—————- $ 0.00 at $ 5.06
(All figures are in Canadian dollars.)
