Thursday, May 2, 2013

Reuters: US Dollar Report: CANADA FX-C$ strengthens after surprise domestic trade surplus

Reuters: US Dollar Report
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CANADA FX-C$ strengthens after surprise domestic trade surplus
May 2nd 2013, 12:44

TORONTO | Thu May 2, 2013 8:44am EDT

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.

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