Canadian Dollar drops versus U.S. Dollar amid fewer jobs

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Source: Bloomberg
The Canadian currency continued to decline against its U.S. counterpart after a report showed an unexpected drop in jobs, the largest since June 2012, as the unemployment rate rose from 7% to 7.2% last month. The so-called Loonie edged lower 0.8% to C$1.0212 earlier on Friday recording the biggest decrease since June 28, one Canadian Dollar buys 97.92 U.S. cents.

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Fri, 05 Apr 2013 15:49:09 GMT

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