Dollars and SenseNews

Loonie Closes High Thanks to Vaccine Hopes

Source: MarketsFarm, November 19, 2020

Benchmark crude oil prices were higher on Wednesday due to vaccine hopes.

WINNIPEG, Nov. 18 (MarketsFarm) – The Canadian dollar closed slightly stronger on Wednesday amid renewed market sentiment towards a COVID-19 vaccine.

The dollar finished at US$0.7655 or US$=C$1.3063 compared to Tuesday’s close of US$0.7637 or US$1=C$1.3094.

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