CANADA FX-C$ touches session high on GDP data before retreating

Thu Mar 28, 2013 8:43am EDT
 
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TORONTO, March 28 (Reuters) - The Canadian dollar on Thursday touched its strongest level against the U.S. dollar in more than a month after data showed that the Canadian economy grew 0.2 percent following the weakest two quarters since the 2008-09 recession.

The Canadian dollar hit C$1.0145 versus the U.S. dollar, stronger than C$1.0157, or 98.45 U.S. cents immediately before the data. But the currency quickly gave back all of those gains.