Market News
Canadin dollar falls on equity sell off, trade tensions - REUTERS
OTTAWA, Jan 27 (Reuters) - The Canadian currency weakened against the U.S. dollar on Monday as uncertainty around international trade exacerbated the impact of investors selling local equities to switch to the safe-haven U.S. dollar, making the greenback stronger.
The loonie was trading 0.27% weaker at 1.4381 per U.S. dollar, or 69.54 U.S. cents, but continued to be in the range of 1.4316 to 1.4383 where it traded mostly last week.