Friday, June 8, 2007

Canada Dollar Gains on Larger-Than-Expected Trade Surplus, Employment Data

(Bloomberg) -- The Canadian dollar gained for the
second time in three days after a report showed the nation's
trade surplus in April widened more than analysts forecast.

The currency reversed an early decline 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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