(Bloomberg) -- The Canadian dollar rose from a two-
week low as prices of the nation's main commodity exports
advanced and the central bank governor said the currency's
recent appreciation was due to an improving economy.
``The fundamental story for Canada hasn't changed,'' said
Jack Spitz, director of foreign exchange trading at National
Bank Financial in Toronto. ``We got an economy which is
strengthening and inflation is exceeding the Bank of Canada's
target.''
Read more at Bloomberg Currencies News
week low as prices of the nation's main commodity exports
advanced and the central bank governor said the currency's
recent appreciation was due to an improving economy.
``The fundamental story for Canada hasn't changed,'' said
Jack Spitz, director of foreign exchange trading at National
Bank Financial in Toronto. ``We got an economy which is
strengthening and inflation is exceeding the Bank of Canada's
target.''
Read more at Bloomberg Currencies News
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