Currency Note Worldwide

Ray of light for the Canadian dollar

By Ricky Bean February 18th, 2016

The Canadian dollar enjoyed a green patch today as it made gains in line with crude oil. Many of the world’s struggling sectors enjoyed a turnaround yesterday, with energy and financial shares profiting the most. How long this will last remains to be seen.
The Canadian currency gained over 1% against both its US counterpart and sterling, and was only outperformed by emerging world currencies, such as the South African rand & Mexican peso.

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