Canadian Forex/Bond Review: C$ Firms.
Monday, 9 November 2009
Canadian Forex/Bond Review: C$ Firms.
Resource News International, November, 2009
Byline: Resource News International
WINNIPEG, MB, Nov 04, 2009 (Resource News International via forex demo COMTEX) — The Canadian dollar finished Wednesday’s North American trading session on a stronger footing versus the US dollar. Much of the strength in the Canadian dollar was associated with the advances seen in global crude oil and gold values, market watchers said.
The Canadian currency late in the afternoon was quoted at C$1.0620 (94.16 US cents). This compares with Tuesday’s late North American quote of $1.0688 (93.56 US cents).
Adding to the strength in the Canadian currency were the gains posted by the North American equity markets, brokers said