CANADA FX-C$ strengthens after surprise domestic trade surplus

Thu May 2, 2013 8:44am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO May 2 (Reuters) - The Canadian dollar strengthened against the U.S. dollar early on Thursday after the domestic economy posted a surprise trade surplus.

The currency firmed to C$1.0060 to the greenback, or 99.40 U.S. cents, after Statistics Canada said growing exports led to a C$24 billion surplus in March. It closed at C$1.0081, or 99.20 U.S. cents on Wednesday.