Forex News – Canadian dollar dips on soft jobs numbers
Posted on May 10, 2013 at 3:08 pm GMTThe Canadian dollar fell to its lowest level since April 29 against the greenback, after disappointing Canadian jobs data. The Canadian economy created only 12,500 more positions, less than the projected 15,000 new jobs., while the jobless rate remained the same at 7.2 percent. In contrast to the Canadian employment scene, Canada’s neighbor’s to the south have an improving labor market. Last week’s surge in US nonfarm payrolls and Thursday’s drop in initial jobless claims numbers show the American economy [..]