March 10, 2011 / 1:43 PM / 9 years ago

CANADA FX-C$ falls as Canada trade surplus narrows

 TORONTO, March 10 (Reuters) - Canada's dollar fell swiftly
to a session low against the greenback on Thursday after data
showed the country's trade surplus in January narrowed more
than expected.
 The Canadian dollar CAD=D4 fell to C$0.9732 to the U.S.
dollar, or $1.0275, from C$0.9715 to the U.S. dollar, or
$1.0293, just before the data. It was also off Wednesday's
close at C$0.9687 to the U.S. dollar, or $1.0323.
 Canada's trade surplus narrowed to C$116 million in January
from a revised C$1.7 billion surplus in December as import
growth outpaced export gains, Statistics Canada. Analysts
surveyed by Reuters had on average forecast a trade surplus of
C$2.6 billion. [ID:nSCLAEE7A2]
 (Reporting by Ka Yan Ng, Editing by Chizu Nomiyama)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below