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Canadian Financial Close: Canadian dollar sits steady

Winnipeg, MB, Nov. 10, 2017 (CNS Canada), Nov 10, 2017 (Commodity News Service Canada, Inc. via COMTEX) --

WINNIPEG, Nov. 10 - The Canadian dollar was little changed Friday as oil prices fell slightly along with the TSX.

Oil prices slid Friday as expectations OPEC and other producers will extend their production cut agreement were offset by American drillers adding the most oils rigs in a week since June, indicating output will continue to grow. Brent crude fell 38 cents, or 0.6 per cent, to US$63.55 a barrel.

The Canadian dollar settled Friday at US$0.7885 or C$1.2683, compared to Thursday's North America close of US$0.7879 or C$1.2692.

In Toronto, the S&P/TSX Composite Index was down 42.83 points, or 0.27 per cent, to 16,040.

     Canada's agricultural sector performed as follows:
     AGT Food and Ingredients-----dn  $ 0.07    at $ 18.16
     Agrium Incorporated----------dn  $ 0.51    at $135.50
     Buhler Industries------------unchanged     at $ 4.60
     Maple Leaf Foods-------------dn  $ 0.26    at $ 33.34
     Potash Corp. of Sask---------dn  $ 0.10    at $ 24.18

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