BS: Canadian Dollar Pares Losses in Toronto as Crude, Stocks Gain
By James Holloway
March 23 (Bloomberg) -- Canada’s dollar pared losses in Toronto trading as crude oil and U.S. stock-index futures rose.
Canada’s currency traded at C$1.0185 from C$1.0189 yesterday. It earlier fell as much as 0.4 percent to C$1.0230. Crude oil, the nation’s largest export, gained 0.2 percent and futures on the Standard & Poor’s 500 Index rose 0.1 percent. The Canadian dollar tends to follow movements in stocks and commodities.
To contact the editor responsible for this story: James Holloway at jholloway8@bloomberg.net
