Forex – Canadian dollar on the verge of parity vs US dollar – Forbes. LONDON (Thomson Financial) – The Canadian dollar came within a whisker of parity against its US counterpart, buoyed by broad dollar weakness and strong oil prices. A catalyst for the move through parity, which has not happened since November 1976, could come if any of the US data due today — including US weekly jobless claims, leading economic indicators and the Philly Fed index — come in on the weak side and spark further dollar selling, analysts said. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more
[Tags]dollar, news, , content, forbes, financial, forex news[/Tags]
Speak Your Mind