Sat, May 30, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Canadian dollar advances as trade deficit narrows, commodities rise

Posted on 08 March 2013

The Canadian dollar closed higher Thursday after the latest trade figures showed Canada’s merchandise trade deficit narrowed in January. The currency rose 0.19 of a cent to 97.14 cents US as Statistics Canada said the trade deficit with the world narrowed to $237 million in January from $332 million in December.
Exports rose 2.1 per cent to $39.1 billion while imports decreased 1.9 per cent to $39.3 billion. Meanwhile, the U.S. trade deficit widened in January, reflecting a big jump in oil imports and a drop in exports………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 40705 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31