Loonie strengthens against Euro after Italian debt auction

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Source: Bloomberg
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Canadian Dollar appreciated against European common currency reaching 11-month record-high on investor speculation ECB will have to enlarge cash infusions after Italy did not manage to auction the planned amount of bonds. Canadian Dollar added 0.3% against the Euro, reaching C$1.3221 in Toronto session. Currently USD/CAD is trading at C$1.0209.

 

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Fri, 30 Dec 2011 12:31:07 GMT

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