(Bloomberg) -- The Canadian dollar reached an eight- month high following a report U.S. employers added fewer jobs last month, underscoring Canada's comparative economic strength and the possibility of a Federal Reserve interest rate cut.
The currency pared some early gains after a report that Canadian business spending fell in April, though it exceeded economists' expectations.
Read more at Bloomberg Currencies News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment