Canadian Dollar appreciates as factory sales advance to five-month high

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP

The loonie advanced for a second day on factory sales increase at the fastest speed in five months through July, backing the case of economic recovery. Factory sales gained 1.7% to $48 billion, topping expectations. The Canadian dollar climbed 0.1% to 1.0314 Canadian Dollar per U.S. Dollar as of 8:46 a.m. Toronto time, after reaching 1.0283 per U.S. Dollar yesterday. 

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