Canadian Dollar falls after trade deficit climbs amid decreasing exports

Source: Bloomberg
© Scanpix\Reuters
The Canadian currency declined following a climb in merchandise trade deficit in April after energy drove inbound shipment to a record high while overseas sales slipped for the first time since January. The Canada's Dollar dropped 0.3% to C$1.0310 versus the U.S. currency. The Canadian Dollar advanced 1.1% on Monday, the most since June 29,2012.

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