The following is excerpted from the 13 May 2011 edition of Reuters Canada.

Canada's dollar was slightly softer against the U.S. currency on Friday after volatility fueled by swings in commodity prices.

The currency, which was hovering near 3-1/2-year highs against the greenback last week, has been caught up in the recent commodity rout. The Canadian dollar often tracks commodity prices, and typically is closely correlated with U.S. oil because Canada is a net exporter of oil...

This article is available in its entirety on the Reuters Canada website at:

http://ca.reuters.com/article/businessNews/idCATRE74C2Z220110513

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