Canadian Dollar drops on bets that Fed will remain stimulus

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar dropped 0.1% against the U.S. Dollar, thus reaching the lowest level in more than two months, after the chairman nominee of Federal Reserve, Janet Yellen, announced that the stimulus will remain unchanged until the U.S. economy improves. So far this year the so-called loonie has depreciated 2% versus nine major peers.

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