CANADA FX-C$ weakens after GDP data shows contraction

Wed Oct 31, 2012 8:41am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO Oct 31 (Reuters) - The Canadian dollar weakened to a session low versus the U.S. currency on Wednesday after data showed the Canadian economy unexpectedly contracted in August.

At 8:34 a.m. (1234 GMT) the Canadian dollar was trading at C$1.0002 to the greenback, or $0.9998, compared with C$0.9985 just before the data and C$0.9993, or $1.0007, at Tuesday's North American close.