Mark Chandler: TORONTO - The Canadian dollar ended weaker against its U.S. counterpart on Thursday after briefly touching its strongest level in more than two months, with traders looking to Friday's key domestic jobs report to set direction for the currency, according to Reuters. "We don't have much in the way of domestic drivers today. The equity markets began to lose a bit of their steam, that was the primary factor," said Mark Chandler, head of Canadian fixed income and currency strategy at RBC Capital and By Andrea Hopkins The Canadian currency took its direction from weaker prices for some commodities and a pullback in global stock markets, which slipped from recent record levels. MKTS/GLOB
(www.immigrantscanada.com). As
reported in the news.
Tagged under Mark Chandler, Canadian currency topics.
10.5.13