Canada’s dollar raised the most in two weeks versus its U.S. counterpart, reversing the previous decline in crude oil and stocks. In Forex trading platforms, the Loonie appreciated 0.8 percent to C$1.0885 per U.S. dollar at 4:55 p.m. in Toronto, from C$1.0973 yesterday. It gained as much as 1.3 percent, the most since Aug. 12, to C$1.0832 after touching the weakest level since Aug. 19, C$1.1021. One Canadian dollar purchases 91.87 U.S. cents.

The U.S. Dollar Index is now at $78.09, compared to its 52-week low of $75.89 on September 22, 2008. Down by 0.73%, the index is continuing its recent and medium-term negative trend against the basket of constituent currencies. The six key currencies are currently trading mixed against the U.S. dollar, with the euro having the greatest change, up by 0.11%. Remember that the US Dollar Index is a simple average of the relative price of the U.S. Dollar with six major currencies in the world: Euro (EUR), Japanese Yen (JPY), Pound Sterling (GBP), Canadian Dollar (CAN), Swedish Crone (SEK), and Swiss Franc (CHF)