The Canadian dollar saw an uptick Thursday, pushed upwards by strong export and import data from the U.S. that eased some concerns over the slowdown in the world’s second-largest economy.
The loonie climbed 0.08 of a cent (U.S.) to 96.02 cents before stock markets opened.
China reported that exports were up 5.1 per cent from a year earlier, while imports jumped 10.9 per cent In the U.S., unemployment aid applications were up 5,000 to 333,000 in July, a sign that signals steady job gains.
via Globe and Mail
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