Canadian Dollar Holds Up Despite Dismal US Economic Data (Daily FX via Yahoo! Finance)
January 31, 2009 by admin · Leave a Comment
The Canadian dollar was one of the few currencies to finish marginally higher against the US Dollar through past week?s trade. A steady stream of bearish US and Canadian economic data would have normally been enough to sink the CAD, but the Loonie held firm even in the face of Crude Oil price declines.
