Mortgage News
Loonie soars to three year high
<br><br> The Canadian dollar jumped one-third of a cent to a new three-year high above US$1.02 Friday morning even as oil prices have begun to stabilize on news Saudi Arabia intends to make up any supply disruptions out of Libya. The loonie touched US$1.0203 at about 8 a.m. ET, its highest level since March 2008. <br><br>
Published
The Canadian dollar jumped one-third of a cent to a new three-year high above US$1.02 Friday morning even as oil prices have begun to stabilize on news Saudi Arabia intends to make up any supply disruptions out of Libya. The loonie touched US$1.0203 at about 8 a.m. ET, its highest level since March 2008.