Loonie Pares Weekly Gains Following Modest Jobs Growth
The Canadian dollar slipped Friday as domestic employment grew by a modest 14,100 jobs in March. Even with the dip, the currency held an 0.8% weekly gain.
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The Canadian dollar retreated on Friday as investors weighed soft domestic employment figures against broader geopolitical uncertainty. While the currency slipped during the session, it managed to hold onto the majority of its gains from earlier in the week.
