Canadian Dollar Breaking Through Support (FXC)
By Louis Winthorp
March 12, 2010 8:46 AM
March 12, 2010 8:46 AM
Canada's unemployment rate edged down 0.1 percent to 8.2 percent in February as 21,000 people started new jobs, Statistics Canada reported on Friday.
The agency said there were 60,000 new full-time jobs filled in February, but 39,000 part-time jobs were lost.
Analyst had expected an increase of 15,000 jobs and an unchanged unemployment rate at 8.3 percent. The Canadian dollar is breaking through support and now could make a run at par.
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