Canadian Dollar reaches almost two-year low as Fed may reduce stimulus soon

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\Reuters
The Canada's currency depreciated above C$1.05 against the U.S. currency to touch its weakest level in about two years amid speculation the U.S. Dollar will appreciate when the Federal Reserve tapers bond purchases. The Canadian Dollar declined 0.4% to C$1.0501 versus the greenback, following a fall to the weakest level since October 5, 2011.
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Tue, 25 Jun 2013 07:28:10 GMT

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