The Canadian dollar dipped more than a full
cent against the greenback at one point.
Not exact matches
Rate hikes in the U.S. cause the
greenback to appreciate
against the loonie, which currently stands at around US77
cents.
Notching up some hefty losses across the board, the Sterling is more than a full
cent weaker when valued
against the
Greenback this morning at 1.5260 whilst also significantly lower when valued
against both the Australian dollar (1.9511) and the New Zealand dollar (2.0097).
Over the past 12 - months the Canadian dollar has lost 15 % of its value
against the U.S.
greenback and today it dipped below the 70 -
cent mark for the first time in 13 years.
Additionally, the Canadian dollar has been exceptionally strong advancing from about 66
cents ten years ago to well over par today
against the US
greenback.