Loonie Drops Vs Most Majors Ahead Of Canada Trade Data
March 07 2017 - 3:27AM
RTTF2
Statistics Canada releases Canada trade data for January at 8:30
am ET Tuesday. The trade surplus is seen weakening to C$0.75
billion from C$0.92 billion in December.
Ahead of the data, the loonie traded mixed against its major
rivals. While the loonie dropped against the greenback, euro and
the aussie, it held steady against the yen.
The loonie was valued at 1.4194 against the euro, 84.96 against
the yen, 1.0197 against the aussie and 1.3418 against the greenback
at 8:25 am ET.
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