Canadian Financial Close: C$ strengthens Wednesday By MarketsFarm WINNIPEG, April 3 (MarketsFarm) - The Canadian dollar was stronger on Wednesday, with positioning ahead of next week's Bank of Canada policy decision behind some of the activity. The Canadian dollar settled at US$0.7387 or US$1=C$1.3537 on Wednesday, which compares with Tuesday's close of US$0.7368 or US$1=C$1.3572. Gains in crude oil underpinned the energy-linked currency amid ongoing geopolitical tensions. West Texas Intermediate crude oil was up by 0.53 per cent at US$85.60 per barrel. Gold continued its climb to fresh historical highs, rising 1.55 per cent to hit US$2,296.10 per ounce. The TSX Composite Index was up by 37.36 points to close at 22,112.46 points. Canada's agricultural sector performed as follows: Buhler Ind.----------------------up $ 0.07 at $ 2.16 Linamar Corp.--------------------dn $ 0.73 at $ 70.96 Maple Leaf Foods-----------------up $ 0.76 at $ 23.18 Nutrien Ltd.---------------------up $ 1.91 at $ 76.04 RB Global Inc.-------------------dn $ 0.24 at $102.96 Farmers Edge Inc.---------------- $ 0.00 at $ 0.345 (All figures are in Canadian dollars.) END
