Thursday, May 7, 2009

Forex US dollar Rises Further against Canadian Dollar


Friday, the US dollar has been climbing against its Canadian counterpart. At about 12:55 am ET, the dollar reached a new multi-month high of 1.1651 against the loonie, compared to Thursday's closing value of 1.1503. As of now, the pair is trading at 1.1633. On the upside, the dollar may likely target the 1.179 level against the Canadian currency.

No comments:

Post a Comment