CANADA FX-C$ hits 7-mth high, U.S. GDP data hurts greenback

Fri Apr 27, 2012 9:43am EDT
 
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TORONTO, April 27 (Reuters) - The Canadian dollar hit a
seventh-month high against its U.S. counterpart on Friday after
the greenback weakened against a range of currencies following
U.S. data that showed the American economy grew more slowly than
expected in the first quarter.	
    The Canadian dollar strengthened to C$0.9804 versus
the U.S. currency, or $1.02, its highest level since Sept. 19.
It closed at C$0.9840 on Thursday.