Canadian Dollar at weekly high

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar reached its highest level during the last week after the released economic data. Retail sales added 0.7% to C$42 billion from a record rise in automobile purchases. CAD/USD went up 0.3% to 1.0711, the biggest since July 18. The Canadian Dollar has been fluctuating between a four and a half year low and a six-month high during 2014 amid the speculations on when the Bank of Canada would raise interest rates.

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