News Column

US Dollar Rises To 2-week High Against Canadian Dollar

August 20, 2014

WASHINGTON (Alliance News) - The US dollar strengthened against the Canadian dollar in the Asian session on Thursday.

Against the loonie, the greenback rose to a 2-week high of 1.0985. At yesterday's close, the greenback was trading at 1.0967 against the loonie.

If the greenback extends its uptrend, it is likely to find resistance around the 1.10 area.

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Source: Alliance News

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