Canadian dollar falls against stronger greenback

Wed Aug 13, 2008 9:54am EDT
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By John McCrank

TORONTO (Reuters) - The Canadian dollar fell

against the U.S. dollar on Wednesday, giving up Tuesday's gains

as investors bought greenbacks in response to deteriorating

growth elsewhere in the world.

Domestic bond prices, with no Canadian data releases to

influence direction, followed the larger U.S. market higher.

At 9:25 a.m., the Canadian dollar was at

C$1.0667 to the U.S. dollar, or 93.75 U.S. cents, down from   Continued...

<p>Newly pressed Canadian one dollar coins, also know as loonies, at the Royal Canadian Mint in Winnipeg November 14, 2007. REUTERS/Fred Greenslade</p>