Loonie reaches fresh yearly highs on the forex marketThe Canadian dollar is significantly higher in currency trading on the [B]forex market[/B] today. Even though the greenback is bouncing against other currencies today, it remains lower against the loonie on the forex market.
The Canadian dollar is getting a great deal of help from the fact that employment numbers are better than expected. As a result of this, and other signs that the Canadian economy is stabilizing, the loonie has reached a new high against the [B]U.S. dollar[/B].
It will be interesting to see if this stronger loonie persists with its [B]currency trading[/B] gains, or if things turn around as the general global economy recovers.
[B]See Also[/B]
[ul]
[li]Economic News and the Canadian Dollar in Currency Trading[/li]Currency trading on the forex market
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