Friday, August 23, 2013

Reuters: US Dollar Report: CANADA FX-C$ briefly touches session low after inflation data

Reuters: US Dollar Report
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CANADA FX-C$ briefly touches session low after inflation data
Aug 23rd 2013, 12:42

TORONTO | Fri Aug 23, 2013 8:42am EDT

TORONTO Aug 23 (Reuters) - The Canadian dollar briefly softened to a six-week low against the U.S. dollar on Friday, after Canadian inflation data rose less than expected.

The Canadian dollar hit C$1.0569 to the U.S. dollar, or 94.62 U.S. cents after the data was released, but quickly pared losses.

The currency was still weaker, however, compared with Thursday's finish at C$1.0516, or 95.09 U.S. cents.

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