News Snapshot:
The Canadian dollar CADUSD strengthened to its highest level in more than two months against its U.S. counterpart on Thursday as equity markets rose and after the Bank of Canada pushed back against the notion it would soon shift to interest rate cuts. The loonie was trading 0.5 per cent higher at 1.3320 to the greenback, or 75.08 U.S. cents, after touching its strongest since Nov. 18 at 1.3304. The gain for the loonie came as Wall Street shares rose after data showed the U.S. economy expanded at a faster-than-expected pace in the fourth quarter. Canada sends about 75 per...
