Tuesday, August 7, 2012

Reuters: US Dollar Report: CANADA FX-C$ firms to near 3-month high on ECB hopes

Reuters: US Dollar Report
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CANADA FX-C$ firms to near 3-month high on ECB hopes
Aug 7th 2012, 12:31

TORONTO | Tue Aug 7, 2012 8:31am EDT

TORONTO Aug 7 (Reuters) - Canada's dollar firmed to its strongest level in nearly three months against its U.S. counterpart on Tuesday, boosted by last week's strong U.S. jobs data and the European Central Bank's pledge to support bond markets in the struggling euro zone.

The Canadian currency climbed to a near three-month high at C$0.9972 against the greenback, or $1.0028, its strongest level since May 11.

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