Saturday, February 9, 2013

Canadian dollar slides to one-week low after soft jobs data

TORONTO (Reuters) - The Canadian dollar dropped to its softest level in more than a week on Friday following data that showed Canada's economy unexpectedly shed 21,900 jobs in January, almost entirely in full-time work.

The Canadian dollar weakened to C$1.0037 against the U.S. dollar, or $0.9963, its lowest level since January 30. It had ended the North American session Thursday at C$0.9980 against the greenback, or $1.0020.

(Reporting by Jeffrey Hodgson Editing by W Simon)

Source: http://news.yahoo.com/canadian-dollar-weakens-session-low-housing-data-133834765--finance.html

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