Tue, 09 Jul 2013 15:06:04 GMT
Loonie rises after Alcoa's results
The Canadian Dollar rose after Alcoa announced better-than-expected performance, increasing demand for riskier investments. The Loonie remained higher after housing data turned out to beat experts' expectations. The currency jumped 0.1% to 1.0547 per U.S. Dollar today, while S&P 500 Index future contracts increased 0.4%.