CANADA FX DEBT-C$ rallies to 3-month peak on BoC, global markets – Reuters

August 9, 2012
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CANADA FX DEBT-C$ rallies to 3-month peak on BoC, global markets
Reuters
The Canadian currency touched C$0.9913 against the U.S. dollar, or $1.0088, its strongest since May 4 after Bank of Canada Governor Mark Carney on Wednesday argued the case for raising rates in an interview with the BBC in London, even though he said a global slowdown was having an impact on Canada's economy. Against the euro, the Canadian dollar ... The median forecast in a Reuters survey of economists is for 9000 new jobs, and the unemployment rate staying at 7.2 percent. GLOBAL INFLUENCES IN ...

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