TORONTO, July 27 |
(Reuters) – Canada’s dollar rose to its
strongest level since mid-May on growing expectations the
European Central Bank will take action to tackle the region’s
sovereign debt crisis and hopes of further stimulus by the U.S.
The Canadian dollar climbed to C$1.0035 versus the
U.S. dollar, or 99.65 U.S. cents, up from Thursday’s North
American’s session close at C$1.0096 against the U . S. dollar, or
99.05 U.S. cents.