Canadian dollar edges higher as trade data boosts growth outlook
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Article Excerpt
Canadian dollar edges higher as trade data boosts growth outlook
FERGAL SMITH
REUTERS
PUBLISHED 1 HOUR AGO
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The Canadian dollar edged higher against its U.S. counterpart on Tuesday as oil prices rose and Canada’s trade data added to evidence that the domestic economy rebounded in the second quarter.
The loonie was trading 0.1% higher at 1.4190 per U.S. dollar, or 70.47 U.S. cents, after moving in a range of 1.4189 to 1.4226.
Canada’s trade surplus wide…
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Jul 7, 2026