
| Msg # 1989 of 2222 on ZZCA4347, Monday 7-14-24, 8:35 |
| From: ABC |
| To: ALL |
| Subj: Canadian dollar at 1-year high |
XPost: can.atlantic.general, can.francais, soc.culture.quebec From: abc@123.cl Canadian dollar at 1-year high October 9, 2009 The Canadian dollar rallied on Friday after the release of official figures that showed the Canadian economy added over 30,000 jobs in September and the unemployment rate surprised analysts by falling. The Canadian dollar rallied on Friday after the release of official figures that showed the Canadian economy added over 30,000 jobs in September and the unemployment rate surprised analysts by falling. Photograph by: National Post, National Post LONDON -- The Canadian dollar rallied on Friday after the release of official figures that showed the Canadian economy added over 30,000 jobs in September and the unemployment rate surprised analysts by falling. The data pushed the U.S. dollar to a fresh one-year low of C$1.0455 from around C$1.0500 just beforehand. The creation of 30,600 jobs was way above the 5,000 analysts had expected, and the unemployment fell to 8.4% when the consensus view was for a tick up of a tenth of a percent to 8.8%. The U.S. dollar's fall smashed a large option structure at C$1.0480 expiring in a couple of weeks, which some thought could have provided support near C$1.05. --- SoupGate-Win32 v1.05 * Origin: you cannot sedate... all the things you hate (1:229/2) |
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