Canadian dollar heads for weekly decline as jobless rate climbs

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Canadian dollar heads for weekly decline as jobless rate climbs

theglobeandmail.com/investing/markets/inside-the-market/market-news/article-canadian-dollar-heads-for-weekly-decline-as-jobless-rate-climbs

The Canadian dollar CADUSD weakened to a three-week low against its U.S. counterpart on Friday as signs that trade tensions are hurting employment bolstered expectations for additional interest rate cuts from the Bank of Canada.
The loonie was trading 0.1% lower at 1.3935 per U.S.…

This story appeared on theglobeandmail.com, 2025-05-09 17:30:15.