Canadian dollar rises to one-month high
The Canadian dollar strengthened to a one-month high against the US dollar as narrowing interest rate spreads and rising oil prices supported the currency. The loonie traded up 0.3% heading toward a sixth straight day of gains.
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The Canada currency climbed to a one-month high against the United States dollar on Thursday, extending its winning streak to six consecutive sessions. The USD/CAD pair traded 0.3% higher at 1.4007, marking its strongest intraday level since September 21.
