The Canadian Dollar: Mohammed Morsi

Mohammed Morsi: The Canadian dollar was down 0.1 of a cent to 95.05 cents US, according to CTV. In Egypt, the country's first democratically elected president, Mohammed Morsi, was removed from office by the armed forces, which gave some certainty to oil supply concerns and TORONTO -- The loonie was nearly unchanged on Thursday as a clearer path was laid out for political developments in Egypt and traders turned to the upcoming jobs reports. U.S. markets were closed for the Independence Day holiday. (www.immigrantscanada.com). As reported in the news.