The Canadian Dollar handed back earlier gains Friday after official data showed the nation's labour market wobbling in August, countering optimism that prevailed after a Bank of Canada (BoC) deputy governor said policymakers recently contemplated stepping up the pace of their interest rate rises.
September 7,2018
The Canadian Dollar was on the back foot Friday and is expected to remain on the defensive ahead of a pivotal announcement covering the outcome of North American Free Trade Agreement (NAFTA) negotiations that is expected to come ahead of the weekend.
September 7,2018