Canadian Dollar Hits Four-Week High After Alberta Remain Vote
The loonie was 0.5% higher at 1.4045 against the U.S. dollar, reaching a four-week high. The move followed Alberta’s vote to remain part of Canada and a narrower gap between Canadian and U.S. interest rates.
The Canadian dollar rose to a four-week high against its US counterpart on Tuesday. The move followed a narrowing in the gap between Canadian and US interest rates and Alberta’s large-majority vote to remain part of Canada. The loonie was trading 0.5% higher at 1.4045.