Loonie rises amid favourable data from both U.S. and Canada

The Canadian currency increased on Tuesday rising versus the majority of its most-traded peers after reports from Canada and the U.S. signaled that the North America economy may expand faster than the rest of the world. The so-called Loonie fluctuated at C$1.0476 per U.S. Dollar as of 5:00 p.m. Toronto time, while one Canada's Dollar buys 95.46 U.S. cents.