CANADA FX DEBT-C$ little changed after Canada, U.S. GDP data

Fri Jan 29, 2010 8:42am EST
 
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 TORONTO, Jan 29 (Reuters) - The Canadian dollar briefly
sagged against the U.S. dollar on Friday but quickly edged
higher after data showed Canada's economy grew 0.4 percent in November from
October. [ID:nN29434455]
 At 8:33 a.m. (1333 GMT), the Canadian dollar was at
C$1.0684 to the U.S. dollar, or 93.60 U.S. cents, from about
C$1.0676 before the data. At 8:39 a.m., the unit was at
C$1.0664.
 Data also showed the U.S. economy grew at a
faster-than-expected 5.7 percent pace in the fourth quarter,
the quickest pace in more than six years, as businesses reduced
inventories less aggressively, the Commerce Department said on
Friday. [ID:nN28120005]