Canada Dollar Falls a Second Day Before U.S. Employment Report
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The Canadian dollar declined for a second day before a U.S. government report forecast to show employers added jobs last month, adding to speculation the nation’s largest trading partner is closer to ending stimulus.
Payrolls in the U.S. rose by 185,000 workers after a 195,000 gain in June, according to the median forecast of 92 economists in a Bloomberg survey. The jobless rate fell to 7.5 percent, matching a four-year low, from 7.6 percent.