Reuters: US Dollar Report: CANADA FX-C$ softens to 2-month low vs US$ after CPI data below forecast

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CANADA FX-C$ softens to 2-month low vs US$ after CPI data below forecast May 17th 2013, 12:49 TORONTO | Fri May 17, 2013 8:49am EDT TORONTO May 17 (Reuters) - The Canadian dollar weakened to its lowest level against the U.S. dollar more than two months after Canadian inflation came in well below forecast, at a year-on-year rate of 0.4 percent for April. The Canadian dollar touched C$1.0308 versus the U.S. dollar, or 97.01 U.S. cents after the figures were released, weaker than immediately before and also weaker than Thursday's finish of C$1.0192, or 98.12 U.S. cents.

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