Canadian Dollar strengthens against Greenback after the US labour data

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Source: WBP Online
The Canadian Dollar pared some of its today's losses against the US Dollar, as traders sold off the Greenback immediately after the US labour data was released. Even though the release was better than expected, the USD/CAD bounced off its highest level since July 2009 and continued to head south after the data was published, reaching 1.1419. The number of payrolls was expected to increase by 214K, but the figure came out at 230K.
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Thu, 06 Nov 2014 11:41:13 GMT

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