Canadian dollar rises to six-week high as greenback slides
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Article Excerpt
Canadian dollar rises to six-week high as greenback slides
FERGAL SMITH
REUTERS
PUBLISHED 2 HOURS AGO
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The Canadian dollar strengthened to a six-week high against its U.S. counterpart on Thursday, as the greenback posted broad-based declines one day after the Federal Reserve left interest rates on hold.
The loonie was trading 0.4% higher at 1.3993 per U.S. dollar, or 71.46 U.S. cents, marking its strongest intraday level since June 17. The U.S. dollar f…
Read full article at The Globe and Mail ↗
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