Alcoa kicked off earnings week by beating predictions and posting earnings of thirteen cents a share. Alcoa also said it expects demand for aluminum to continue to grow this year.
The news helped boost the Canadian dollar, which gained 0.51 cents from yesterday’s close to 96.9 cents US.
Source: The Canadian Press 
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.