Wednesday, May 23, 2012

Reuters: US Dollar Report: CANADA FX-C$ extends losses after March retail sales data

Reuters: US Dollar Report
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CANADA FX-C$ extends losses after March retail sales data
May 23rd 2012, 12:43

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Wed May 23, 2012 8:43am EDT

  TORONTO, May 23 (Reuters) - Canada's dollar extended losses  against its U.S. counterpart on Wednesday, dragged down by  broader concerns about Europe's financial stability, even as  domestic data showed retail sales bounced back in March.              The Canadian dollar slipped to a session low of  C$1.0246 versus the U.S. currency, or 97.60 U.S. cents, from  about C$1.0225 just before the data's release. The currency  ended at C$1.0218 versus the U.S. currency, or 97.87 U.S. cents,  on Tues day.  
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