Friday, April 13, 2007

Canadian Dollar Is Headed for Biggest Weekly Gain Since August on Economy

(Bloomberg) -- Canada's dollar headed for its biggest weekly gain since August on speculation higher commodity prices will support the nation's economy and fuel demand for the currency.

The currency reached a four-month high today. Firms including Goldman, Sachs & Co. predicted further gains in coming months, following a report a week ago showing job growth is accelerating.


Read more at Bloomberg Currencies News

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