Canada's Dollar rises versus U.S. Dollar amid less stimulus speculation

The Canadian currency depreciated against its U.S. counterpart for the fifth time out of six days after President of San Francisco Fed John Williams signaled that the central bank may slow its bond-buying program as the labour market improves. The so-called Loonie dropped 0.4% to C$1.0195 per U.S. Dollar as of 5 p.m. Toronto time after it reached C$1.0219 yesterday, the lowest since April 25.