May 23, 2012 / 12:47 PM / 5 years ago

CANADA FX-C$ extends losses after March retail sales data

TORONTO, May 23 (Reuters) - Canada's dollar extended losses
against its U.S. counterpart on Wednesday, dragged down by
broader concerns about Europe's financial stability, even as
domestic data showed retail sales bounced back in March.	
    The Canadian dollar slipped to a session low of
C$1.0246 versus the U.S. currency, or 97.60 U.S. cents, from
about C$1.0225 just before the data's release. The currency
ended at C$1.0218 versus the U.S. currency, or 97.87 U.S. cents,
on Tues day.

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