Monday, May 14, 2007

Canadian Currency Strong On Monday, Monday, May 14, 2007 1:37:04 PM

The Canadian currency was strong against its counterparts in trading on Monday afternoon. The loonie moved with little economic news from the area.

The Canadian loonie was strong against the greenback in trading. The advance took the currency up to a mark of 1.1067 into mid-afternoon action. On the whole, the Canadian currency is at a weekly high versus the American dollar.

In trading against the euro, the Canadian dollar edged up in action. By the mid-morning the loonie had reached a mark of 1.4994. In general, the Canadian dollar is moving near a six month high.
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