Fri, 31 Jul 2015 11:52:05 GMT
Canadian Dollar lower amid falling oil, stronger Dollar
The Loonie was under pressure from the US Dollar on Friday, as trader focal point was on the possible rate hike in September. The Greenback rose 0.25% to 1.3031 against the Canadian Dollar by 8:10 AM GMT. Moreover, the Loonie was further pressured by the slipping oil prices that traded below the important $48 a barrel level. In addition, the