Today’s stock market rally also meant a rise in the Canadian dollar, which rose above parity compared to the U.S. dollar for the first time in a month.
Reuters Canada has a comprehensive article online; here’s the (link). These days the loonie appears to be very sensitive to the European debt crisis, rising and falling based on events taking place there. What happens to the Canadian dollar in the coming weeks be important to Whatcom County retailer as they prepare for the holiday shopping season.
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