Canadian Dollar has dropped from highs reached in January

Canadian Dollar has dropped from highs reached in January, in anticipation of the results of stress tests in the U.S. financial sector and reports on the labor market in the United States and Canada. The Canadian currency has lost 0.2%, down to the level of C $ 1.1877 per U.S. dollar from C $ 1.1852 last week. The results of the Federal Reserve stress tests with respect to the largest American banks, the publication of which was to be held today, will be released after the closing session of the United States on May 7. Reports of labor markets in the United States and Canada will be the next day - in both countries is projected to decline in jobs.