Loonie rises versus U.S. Dollar amid BoJ stimulus

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Source: Bloomberg
The Canadian currency appreciated against its U.S. counterpart for the third straight day on Wednesday amid speculation that more stimulus measures by the Bank of Japan will result in higher demand for cross-border assets. The Canadian Dollar increased by 0.1% to C$1.0157 per U.S. dollar earlier on Wednesday Toronto session, while one so-called Loonie buys 98.45 U.S. cents.

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Thu, 11 Apr 2013 06:13:34 GMT

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