Wed, 05 Nov 2014 14:20:09 GMT
Canadian Dollar strengthens against Greenback after the US labour data
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