Canadian Dollar surges on ECB cheap loan allotment

Note: This section contains information in English only.
Source: Bloomberg
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Canadian currency appreciated to the 5-month record high after ECB provided 800 banks with EUR 529.5 billion three-year loans. Loonie jumped 0.5% against US Dollar to CAD 0.9899. On monthly basis Canadian Dollar has gained 1.3% against the Greenback while on year to date basis Loonie has climbed 3.2%. Currently USD/CAD is trading at CAD 0.9890.
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