Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Canadian Dollar Gains Against U.S. Peer Before Employment Data

The Canadian dollar gained versus its U.S. counterpart before data forecast to show that Canada added jobs in May for a second month.

Payrolls grew by 15,000 after a 12,500 increase the previous month, according to the median of 25 forecasts in a survey by Bloomberg. Employment in the U.S. grew by 163,000 workers after increasing by 165,000 in April, according to another survey. The Canadian currency advanced the most in almost a year yesterday as Bank of Canada Governor Stephen Poloz, in his first public comments, reiterated his predecessor’s view that rates will rise as the economy grows.

The loonie, as the Canadian dollar is known for the image of the aquatic bird on the C$1 coin, rose 0.3 percent to C$1.0235 per U.S. dollar at 8:14 a.m. in Toronto after touching C$1.0234. One loonie buys 97.70 U.S. cents.

Crude-oil futures rose 0.5 percent to $95.22 a barrel in New York and the Standard & Poor’s GSCI index of 24 commodities gained 0.4 percent.

Canada’s benchmark 10-year government bond yields rose, with yields falling two basis points, or 0.02 percentage point, to 2.02 percent. The 1.5 percent security maturing in June 2023 traded at C$95.34.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.