Canadian dollar hits four-week high on Alberta vote
The Canadian dollar reached a four-week high against the US dollar supported by a narrowing interest rate gap and strong voter support in Alberta to remain part of Canada.
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The Canada currency rose 0.5% to a four-week high of 1.4045 against the United States dollar Tuesday afternoon. The rally follows a decisive vote in Alberta to remain in the federation and a narrowing rate differential. It marks the strongest intraday level for the USD/CAD pair since September 22.
