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Article: Canadian Forex/Bond Review: C$ Slightly Weaker.
- Article from:
- Resource News International
- Article date:
- November 16, 2006
CopyrightCOPYRIGHT 2006 Resource News International. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Resource News International
WINNIPEG, MB, Nov 16, 2006 (Resource News International via COMTEX) -- The Canadian dollar finished Thursday's North American trading session slightly weaker, as strength in the US dollar worked against the Canadian currency, said market watchers.
The Canadian dollar closed out the North American session at 87.60 US cents (C$1.1416) on Thursday. This compares with Wednesday's closing mark of 87.76 US cents (C$1.1395).
Analysts said a lack of economic releases in Canada allowed for external forces to direct the dollar.
In early activity, the US dollar weakened from soft US consumer price index data, ...