Bloomberg News

Canada’s Dollar Erases Drop as U.S. Stock Futures Pare Decline

November 17, 2011

Nov. 17 (Bloomberg) -- Canada’s dollar erased its drop against its U.S. counterpart as American stock-index futures pared their losses.

Canada’s currency traded at C$1.0249 per U.S. dollar at 8:07 a.m. in Toronto. One Canadian dollar buys 97.57 U.S. cents. The loonie, as the currency is known, dropped 0.4 percent.

--Editors: Kenneth Pringle, Dennis Fitzgerald

To contact the reporter on this story: Chris Fournier in Halifax, Nova Scotia, at

To contact the editor responsible for this story: Dave Liedtka at

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