Loonie gains to highest level in month

Source: Bloomberg
© Scanpix/Reuters
The Canadian currency touched the strongest level in four weeks ahead of retail sales data that are expected to show an increase. The Canadian currency advanced 0.3% to C$1.0334 per U.S. Dollar as of 5 p.m. Toronto time after it reached C$1.0322 per U.S. Dollar, the strongest in more than a month. One Canadian Dollar buys 96.77 U.S. cents.

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