The Canadian dollar depreciated slightly on Monday as the U.S. dollar is still trending higher after the encouraging words from U.S. Federal Reserve Chair Janet Yellen at the Jackson Hole summit. Canadian data will be scarce all week with investors keeping their focus on U.S. employment data. The ADP payrolls on Wednesday and the main event the U.S. non farm payrolls (NFP) report on Friday will bring forth more data for the Fed to trigger another rate hike since December at the September FOMC meeting or push it back until the end of the year. Personal spending in the United States came in line with expectations of a ... (full story)