Loonie weakens on US jobs data

Source: Bloomberg
© Dukascopy Bank
Canadian currency fell against its US counterpart for a second straight day as the number of unemployment claims declined less than expected, harming willingness to purchase assets linked to growth. Canada's Dollar depreciated 0.5% versus greenback to CAD 0.9957 on Thursday. Currently USD/CAD is trading at 0.9945. 

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