the Canadian Dollar

The Canadian dollar: The Canadian dollar closed higher Monday amid optimism that the controversial Keystone XL pipeline will get U.S. approval, according to The Chronicle Herald. The loonie went as high as 90.6 cents US before U.S. Treasury yields strengthened during the day as traders increasingly looked for safe havens, generally avoiding commodity based currencies, oil and metals, and equities and The loonie closed off session highs but still rose 0.33 of a cent to 90.11 cents US since the pipeline would boost shipments from the oilsands and give a lift to the Canadian economy. (www.immigrantscanada.com). As reported in the news.