(Bloomberg) -- Canada's dollar approached a seven- month high, after a government survey showed factories expect increased production in the second quarter, while the U.S. reported less-than-expected growth in the first three months.
Canada's currency is headed for its sixth straight weekly gain after a quarterly survey of 3,000 managers by Statistics Canada in Ottawa showed 22 percent of manufacturers predicted higher output, a 4 percentage point rise from January.
Read more at Bloomberg Currencies News
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