WSJ: US Dollar Reverses Direction, Falls To New Low Vs Canadian Dollar
TORONTO (Dow Jones)--The U.S. dollar has dropped to a new 40-month low against its Canadian counterpart after rebounding slightly immediately after the January nonfarm payrolls report and then ceding its gains in choppy trading.
The U.S. dollar is trading at C$0.9670 after touching a low of C$0.9657, its lowest level since Nov. 15, 2007, according to data provider CQG.
-Don Curren, Dow Jones Newswires; 416-306-2020; don.curren@dowjones.com
