| Canada’s dollar climbed from a February low as risk appetite swelled on data showing improvement in the U.S. economy and bets Greece will receive a rescue package to avoid a default.
The currency erased losses after jobless-benefit claims in the U.S., Canada’s biggest trade partner, unexpectedly slid to a four-year low. It strengthened as stocks and commodities advanced. Three euro-area officials said the European Central Bank is swapping its Greek bonds for new ones, paving the way for a private-sector swap that cuts Greece’s debt...............................................Full Article: Source
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