Loonie rises versus U.S. Dollar from 3-year low

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Source: Bloomberg
The Canadian Dollar strengthened on Tuesday rebounding from the lowest level in almost three years amid speculation that the currency dropped too deep after the U.S. Federal Reserve revealed its plan to tighten monetary easing further in January. The so-called Loonie advanced 0.5% to C$1.0648 per U.S. Dollar as of 5 p.m. Toronto time.

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Tue, 31 Dec 2013 13:27:37 GMT

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