Loonie Falls Back as US Dollar Gains Strength
The Canadian dollar experienced a minor decline on Friday due to the strengthening of the US dollar.
The Loonie lost more than a quarter of a cent, closing at US$0.7225 or US$1=C$1.3840, compared to Thursday's close of US$0.7252 or US$1=C$1.3789.
This shift was reflected in the United States Dollar Index, which added 0.250 of a point at 99.130.