Wednesday, July 31, 2013

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

Reuters: US Dollar Report
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CANADA FX-C$ weakens to session low after soft Canadian GDP data
Jul 31st 2013, 12:39

TORONTO, July 31 | Wed Jul 31, 2013 8:39am EDT

TORONTO, July 31 (Reuters) - The Canadian dollar retreated against its U.S. counterpart on Wednesday following the release of North American gross domestic product data, which included weaker-than-expected growth in Canada during the month of May.

The Canadian dollar touched C$1.0337 versus the U.S. dollar, or 96.74 U.S. cents. This was weaker than immediately before the figures were released and Tuesday's North American session finish at C$1.0302, or 97.07 U.S. cents.

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