Loonie advances as BoC may tighter policy

Source: Bloomberg
© Scanpix/Reuters
The Canadian currency rose versus almost all of the most-traded peers as the U.S. economy continued its recovery and that raised bets the Bank of Canada may tighter monetary policy this year. The Canadian Dollar gained 0.3% to C$1.0277 as of 5 p.m. Toronto time after reaching C$1.0212 earlier, the highest level since June 19.

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