Forex | Forex | USD/CAD May Test Downtrend (04/09/2009 01:48:37)

USD/CAD May Test Downtrend

USD/CAD May Test Downtrend The dollar rose against the euro and yen but fell versus the Australian dollar and sterling ahead of Friday’s US employment data. US jobless and continuing claims disappointed the markets, but most other economic data showed improving economic conditions. The S&P 500 rose 8.49 points to 1,003.24, supported by better earnings from US retailers. The yen fell for the first day in four. The euro reversed earlier gains. The European Central Bank maintained its


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