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Markets

C$ pares losses after North American data

Published Updated

canadianTORONTO: The Canadian dollar pared early losses against the US dollar on Thursday after North American economic data, which included rising exports in Canada and lower US weekly jobless claims.

 

The Canadian dollar traded at C$0.9964 to the US dollar, or $1.0036, firmer than the C$0.9970, or $1.0030 it was trading at prior to the data. It was still marginally weaker than Wednesday's North American close of C$0.9961, or $1.0039.

 

Copyright Reuters, 2012

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