Canadian Dollar depreciated against the US counterpart

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar fell to a week low against the US counterpart on Tuesday, July 10. The greenback is currently trading at CAD 1.0221, though MacNeil Curry, an expert from Bank of America, proposed that loonie might slide to CAD 1.05 per USD in the near future. On the other hand, after the ECB lowered interest rates, the Canadian Dollar appreciated against the Euro and now the conversion rate is CAD 1.2466, the highest since June 2010.

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