Thursday, January 31, 2013

Reuters: US Dollar Report: CANADA FX-C$ gets boost from Canadian GDP data

Reuters: US Dollar Report
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CANADA FX-C$ gets boost from Canadian GDP data
Jan 31st 2013, 13:41

TORONTO | Thu Jan 31, 2013 8:41am EST

TORONTO Jan 31 (Reuters) - The Canadian dollar strengthened to a session high against the U.S. currency on Thursday after data showed the Canadian economy grew slightly faster than expected in November.

The currency ticked up to C$1.0004 to the greenback, or 99.96 U.S. cents, immediately after the news, from C$1.0016, or 99.84 U.S. cents, just prior. It quickly reverted, however, to trade at C$1.0015, the same level it closed at on Wednesday.

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