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Canada’s Dollar rises to highest in two months on commodities

Posted on 07 January 2009

From Bloomberg: Canada’s currency climbed for a third day, appreciating to the strongest level in two months against its U.S. counterpart, as commodities such as gold and copper advanced and crude oil traded above $50.

“The Canadian dollar is on top of the leader board,” said Sacha Tihanyi, Toronto-based currency strategist at Scotia Capital Inc., a unit of Canada’s third-biggest bank….. Full Article: Source


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