Latest news on Canadian Dollar Gains Again in Currency Trading
Loonie making progress in forex tradingThe Canadian dollar is gaining again in currency trading on the FX market. After dropping a bit against the US dollar, the loonie began heading up again in forex trading yesterday.
Today, the trend continues for the Canadian dollar in FX trading as retail sales data makes a strong showing. Indeed, this data is a sign of a stable economy, and that is helping support the loonie in forex trading, even as economic worries continue to plague the United States.