Friday, 08 June 2007

Canadian Dollar Gains as Nation's Trade Surplus Widened to Three-Year High

(Bloomberg) -- The Canadian dollar gained after a
report showed the nation's trade surplus widened in April to the
biggest since July 2004.

The currency reversed a decline posted earlier as a
separate report showed employers added fewer jobs last month
than economists expected. The currency's gains were limited amid
a broad rally in the U.S. dollar triggered by climbing U.S.
Treasury yields.


Read more at Bloomberg Currencies News

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