Western Union:
Canada's loonie rebounded from more than one-week lows after the nation's employment report beat expectations with a gain of 28,700 for March.
Unemployment remained at 6.8 percent, as expected. The loss of 28,200 full time positions should limit the positive for the loonie from today's jobs report.
The loonie faces a daunting coming week with a Bank of Canada decision due on April 15 followed by data two days later on inflation and retail sales.
Commentary
CAD review
Western Union:Canada's loonie rebounded from more than one-week lows after the nation's employment report beat expectations with a gain of 28,700 for March. Unemployment remained at 6.8 percent, as expected. The loss of …
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