C$ stronger as housing data exceeds expectations

Mon Jun 10, 2013 8:28am EDT
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TORONTO (Reuters) - The Canadian dollar firmed to a session-high of C$1.0181 to the U.S. dollar in early trade on Monday after stronger-than-expected housing data.

The data showed more than 200,000 housing starts in May, beating both last month's figure and a Reuters poll of expectations by more than 20,000.

(Reporting by Alastair Sharp Editing by W Simon)

The new Canadian five and 10 dollar bills, made of polymer, are displayed with the previously released 20, 50 and 100 dollar notes following an unveiling ceremony at the Bank of Canada in Ottawa April 30, 2013. REUTERS/Chris Wattie