Loonie posts losses against Greenback

© Reuters

On Monday, the Canadian Dollar traded 0.38% lower at C$1.3036 against its US counterpart by 15:15 GMT on the widening of Canada's current-account deficit reported earlier today by Statistics of Canada. In the meantime, the country's IPPI dropped 0.5%, following the 0.6% fall in March, whereas the RMPI rose 0.7% in the same period, compared to the 4.5% hike seen in the previous month.