NEWS
DTN Plains, Prairies Closing Comments
Cliff Jamieson Canadian Grains Analyst
Fri Dec 28, 2012 04:04 PM CST

OUTSIDE MARKETS

Toronto's TSX is trading at 12,316.46, down 57.31 points. Anxiety surrounding U.S. budget talks continues to keep buyers on the sidelines and money flowing out of market, pending a more favorable outlook. The Canadian dollar is trading at $1.0022 CAD/US dollar, down 11 basis points. This is below nearby technical support, at $1.0025. The U.S. dollar is .066 higher at 79.785. Gold is $8.60 lower, at $1,654.10. One reason for this is tax-based selling, with investors booking profits in advance of what could be higher tax-rates should the U.S. go over the fiscal cliff. Crude oil is 3 ...

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