CANADA FX-C$ firms after source says CNOOC bid for Nexen approved
TORONTO Dec 7 (Reuters) - The Canadian dollar firmed to C$0.9887 against the U.S. currency after a source familiar with the matter told Reuters that a C$15.1 billion bid from China's CNOOC Ltd for Nexen Inc had been approved by Canada's federal government.
The resource-linked currency had been trading at around C$0.9908, or $1.0093, just before the news.
- Housing, jobs data weaken, but overall economic picture still upbeat
- Target cyber breach hits 40 million payment cards at holiday peak |
- 'Duck Dynasty' anti-gay fallout sparks debate on religion, tolerance
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Zuckerberg to sell Facebook shares worth about $2.3 billion |