Tue, 03 Jul 2012 15:39:37 GMT
Loonie is appreciating
Canada's national currency hit its six-week high against its US counterpart on the 3rd of July. The current trading rate is CAD 1.0161 per USD whereas on 29.06.2012 the rate was CAD 1.0181 per USD. Canadian government bonds also gained in price. Two-year government bonds advanced by 5 Canadian cents, leading to drop of yields to 1.006%, while ten-year bonds