On the markets at 9:50 a.m. (ET): In Toronto, the S&P/TSX composite index was down 22.63 points to 16,421.76. The Dow Jones industrial average was up 53.54 points to 26,103.18. The Standard & Poor’s 500 index was up 5.24 points to 2,901.98. The Nasdaq composite index was up 19.76 points to 8037.66. The Canadian dollar was trading at 77.50 cents U-S.
The US dollar was trading 77.50 cents in Canadian dollars
The context explains how 1 Canadian dollar was 77.50 cents of a US dollar, not that 1 US dollar was 77.50 cents in Canadian Dollars.
( z1 trade :ARG1 ( z2 dollar :mod ( z3 country :name ( z4 name :op "US" ) ) ) :ARG3 ( z5 monetary-quantity :quant "77.50" :unit ( z6 cent :mod ( z7 country :name ( z8 name :op "Canada" ) ) ) ) )