Canadian dollar recoups weekly loss as investors shrug off jobs decline
investors weighed U.S. and Canadian employment data, with the currency recovering from its weakest intraday level in more than one week. greenback, or 82.82 U.S. cents, having recovered from its weakest level since May 27 at 1.2133 earlier in the session. It was nearly unchanged for the week. Canada lost 68,000 jobs in May, a bigger decline than expected, as lockdowns imposed to curb a harsh third wave of COVID-19 continued to weigh on the economy, Statistics Canada data showed. it looks and overall the Canadian dollar isn’t going to be flustered by a lockdown-induced soft number,” said...