holidays in Britain: TORONTO - The Canadian dollar was marginally weaker against its U.S. counterpart on Monday as the U.S. dollar held firm following Friday's better-than-forecast U.S. employment data, though volumes were thin due to holidays in Britain and Japan. , according to Reuters. Earlier, the currency had briefly strengthened after the release of Canadian building permits data, which surged past expectations in March. By Solarina Ho The Canadian currency weakened slightly following the release of Ivey Purchasing Managers Index data that showed the pace of business purchasing slowed more severely than expected in April.
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7.5.13