Friday, December 21, 2012

Reuters: US Dollar Report: CANADA FX-C$ weakens to session low after CPI, GDP data

Reuters: US Dollar Report
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CANADA FX-C$ weakens to session low after CPI, GDP data
Dec 21st 2012, 13:39

TORONTO | Fri Dec 21, 2012 8:39am EST

TORONTO Dec 21 (Reuters) - The Canadian dollar extended losses slightly to hit a session low against its U.S. counterpart on Friday after data showed Canada's annual inflation rate in November fell to a three-year low, while the economy grew by only 0.1 percent in October.

The currency touched C$0.9920 versus the greenback, or $1.0081, compared with around C$0.9916, or $1.0085 heading into the reports.

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