Fri, 20 Jul 2012 12:39:21 GMT
The Canadian Dollar strengthens against its U.S. counterpart
The Canadian Dollar appreciated against
its U.S. counterpart, reaching a two-month high. Previously, the Federal
Reserve disclosed information with respect to plans to boost U.S. economy, thus spurring demand for risky assets. Moreover, Canadian gross sales
exceeded forecasts in May. The Loonie gained 0.3% to CAD 1.0074 per one unit USD on Thursday, July 19, in Toronto. However, the Australian Dollar
keeps gaining value