Thursday, September 6, 2012

Reuters: US Dollar Report: CANADA FX-C$ surges to strongest level since April

Reuters: US Dollar Report
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CANADA FX-C$ surges to strongest level since April
Sep 6th 2012, 15:03

TORONTO, Sept 6 | Thu Sep 6, 2012 11:03am EDT

TORONTO, Sept 6 (Reuters) - The Canadian dollar extended gains against the U.S. dollar on Thursday, rallying to its strongest level since April, following positive U.S. labor data and details of the European Central Bank's much-anticipated move to launch a bond-buying program.

Canada's dollar strengthened to C$0.9813 against the U.S. dollar, or $1.0191, breaking through its recent high of C$0.9843 to hit its firmest level since April 30.

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