Canadian Dollar appreciates from one-year low on monetary bets

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Source: Bloomberg
The Canadian Dollar, also known as the loonie, was higher by 0.6% to 1.0305 per U.S. Dollar in the evening of Toronto trading session on Thursday. The loonie strengthened from a one-year bottom amid speculation that the Federal Reserve will curb its monetary stimulus, as the biggest world's economy signals about an improving situation.
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