Tuesday, April 17, 2007

Canada's Dollar is Little Changed After Factory Shipments Drop in February

(Bloomberg) -- Canada's dollar traded at the highest in more than four months as a report showed factory shipments fell as much as analysts had expected in February.

The Canadian currency has gained 2 percent this month against the U.S. dollar on evidence of economic strength and on gains in commodities, which account for 54 percent of the nation's exports.


Read more at Bloomberg Currencies News

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