Thursday, June 4, 2009

Canadian dollars is down

 

2009-06-04

After picking up strength for most of last month, the dollar has gone into a bit of a slump. It dropped 2.3 cents on Wednesday, and is down almost a-fifth of-a-cent in Thursday's after-hours trading. The loonie is trading at 90.01 cents U-S.

Traders say the American dollar is getting stronger, making the loonie and some other currencies appear weaker.