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CAD review

The loonie was a little weaker on Monday, struggling to find its footing in the wake of mixed local jobs data last week and with oil below $60. Canada shed nearly 20,000 jobs in April though not enough to raise unemploym…

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EconoTimes — Reading the Times. Understanding the Future.

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The loonie was a little weaker on Monday, struggling to find its footing in the wake of mixed local jobs data last week and with oil below $60. Canada shed nearly 20,000 jobs in April though not enough to raise unemployment which held at 6.8 percent. 

Little data from Canada this week could keep the loonie on a directionless short-term path. 

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