The latest data from Statistics Canada showed that
Canadian economy created 25,800 new jobs in May, compared to a loss of 29,000 jobs in April. The figure comes roughly in line with forecasts for an addition of 25,000 jobs.
The loonie slipped to 1.0946 against the greenback, following a 3-day high of 1.0901 hit in early deals. The next possible support for the loonie lies around the 1.10 zone.
Reversing from an early high of 1.0177 against the aussie, the loonie hit a new 3-week low of 1.0230. If the loonie continues slide, it may find support at the 1.03 level.
The loonie declined to more than a 2-week low of 1.4953 against the euro, after rising to 1.4866 in prior deals. On the downside, 1.50 is seen as next support level for the loonie.
Having advanced to 93.85 against the yen at
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