Loonie Soars towards $0.80

Posted by Financial Post

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The Canadian dollar strengthened on Tuesday against its U.S. counterpart to a fresh 14-month high, boosted by higher oil prices, while the greenback lost ground against a basket of major currencies.

The U.S. dollar sank to a 10-month low as the latest collapse of President Donald Trump’s efforts to deliver a new healthcare bill added to worries about the pace of U.S. growth… CLICK HERE for the complete article.