Canadian Dollar little changed versus greenback on Monday

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
Canadian currency traded close to parity against its US peer for a fourth consecutive session as oil prices declined and US stocks advanced. Loonie was little changed versus US Dollar and traded at CAD 0.9990. Currently USD/CAD is trading at CAD 0.9955. Strategists claim the price close to parity is a reasonable value for Canadian currency. 

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