Thursday, March 22, 2012

Reuters: US Dollar Report: CANADA FX DEBT-C$ back to parity vs US$ after soft data

Reuters: US Dollar Report
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CANADA FX DEBT-C$ back to parity vs US$ after soft data
Mar 22nd 2012, 12:46

TORONTO, March 22 | Thu Mar 22, 2012 8:46am EDT

TORONTO, March 22 (Reuters) - The Canadian dollar slid back to parity with the U.S. dollar on Thursday after Canadian retail sales data for January came in below expectations.

The Canadian dollar hit break even with the U.S. dollar at $1.000, its lowest level since March 7. It was at C$0.9974 versus the U.S. dollar, or $1.0026, immediately before the release.

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