Tuesday, May 15, 2007

Canada's Dollar Climbs to 11-Month High on Report of Manufacturing Gains

(Bloomberg) -- Canada's dollar rose to an 11-month high after a report showed manufacturing shipments climbed in March.

The currency gained for a third day as the data beat analysts' forecasts. The Canadian dollar rose to 90.85 U.S. cents at 9 a.m. in Toronto. Earlier, the Canadian currency reached 90.95 U.S. cents, the strongest since June 13. One U.S. dollar buys C$1.1007.


Read more at Bloomberg Currencies News

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