{"id":108034,"date":"2017-07-25T02:36:53","date_gmt":"2017-07-25T06:36:53","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=108034"},"modified":"2017-07-25T02:36:53","modified_gmt":"2017-07-25T06:36:53","slug":"canadian-dollar-up-over-80-cents-against-us-dollar-for-first-time-in-two-years","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/07\/25\/canadian-dollar-up-over-80-cents-against-us-dollar-for-first-time-in-two-years\/","title":{"rendered":"Canadian dollar up over 80 cents against US dollar for first time in two years"},"content":{"rendered":"<figure id=\"attachment_108043\" aria-describedby=\"caption-attachment-108043\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/6355318323_dc829c9599_o.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-108043\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/6355318323_dc829c9599_o-300x225.jpg\" alt=\"An American $100 dollar bill (PHOTO BY 401(K) 2012, CC BY-SA 2.0)\" width=\"300\" height=\"225\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/6355318323_dc829c9599_o-300x225.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/6355318323_dc829c9599_o-768x576.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/6355318323_dc829c9599_o-1024x768.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-108043\" class=\"wp-caption-text\">An American $100 dollar bill (PHOTO BY 401(K) 2012, CC BY-SA 2.0)<\/figcaption><\/figure>\n<p>TORONTO, July 25\u2014 The Canadian dollar climbed above 80 cents against US dollar Monday morning amid a weaker US currency for the first time since June 30, 2015.<\/p>\n<p>The Canadian dollar rose because of strong data on manufacturing sales and a glowing assessment of the country&#8217;s economic outlook by the International Monetary Fund.<\/p>\n<p>The Canadian currency has been rising since the middle of June when speculation that the Bank of Canada might raise interest rates started in earnest.<\/p>\n<p>The central bank raised its key interest rate on July 12, its first rate increase since 2010.<\/p>\n<p>Since bottoming out at the start of May, the Canadian dollar has gained nearly 10 percent through June and July due to a series of strong data points about the Canadian economy, including a strong job market, booming retail sales and factories ramping up production.<\/p>\n<p>While the Canadian dollar has been doing some of the heavy lifting on its own, it&#8217;s also getting a boost from weakness in the US dollar. (Xinhua)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, July 25\u2014 The Canadian dollar climbed above 80 cents against US dollar Monday morning amid a weaker US currency &hellip;<\/p>\n","protected":false},"author":33,"featured_media":108043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,18],"tags":[5071,1597,15399],"class_list":["post-108034","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news-ca","tag-canadian-dollar","tag-international-monetary-fund","tag-usd","mauthors-xinhua-via-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/108034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=108034"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/108034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/108043"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=108034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=108034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=108034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}