Fri, 08 Aug 2014 15:48:08 GMT
US Dollar rises against the Loonie after data
The Greenback jumped to trade close to its highest value in three months versus the Loonie due to concerns regarding geopolitical tension in Ukraine and Iraq, and also due to disappointing Canadian employment. The pair hit 1.0963 in the European session and proceeded to consolidate at 1.0959, representing a 0.36% gain.