Canadian dollar appreciates for the fourth day in a row

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Source: Bloomberg
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Canada's dollar gained against US dollar for the fourth consecutive day, as US reported a surge in American customer confidence. An increase in oil prices also fuelled the escalation of the so-called loonie. Canadian national currency climbed 0.2% on Tuesday reaching C$1.0321 per one US dollar in Toronto trading session. Despite the recent appreciation, Canadian dollar has weakened 3.2% on a yearly basis. The CAD/USD currently is trading at C$ 1.0351.

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Wed, 30 Nov 2011 08:46:10 GMT

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