Monday, October 29, 2012

Reuters: US Dollar Report: CANADA FX-C$ touches parity with US$ for first time since August

Reuters: US Dollar Report
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CANADA FX-C$ touches parity with US$ for first time since August
Oct 29th 2012, 11:45

TORONTO | Mon Oct 29, 2012 7:45am EDT

TORONTO Oct 29 (Reuters) - The Canadian dollar weakened to parity with its U.S. counterpart on Monday, for the first time since August, as downbeat corporate earnings hurt the global growth outlook.

At 7:36 a.m. (1136 GMT) the Canadian dollar was trading at C$0.9997 to the greenback, or $1.0003, compared with C$0.9980, or $1.0020, at Friday's North American close.

Earlier on Monday, the Canadian dollar touched 1.000 to the U.S. dollar.

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