Canadian Dollar Extends Gain as ECB Lowers Target Rate, Encouraging Risk

The Canadian dollar extended its advance versus its U.S. counterpart after the European Central Bank unexpectedly lowered its target lending rate, spurring demand for higher-yielding assets.

To contact the editor responsible for this story: Dennis Fitzgerald at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.