CANADA FX DEBT-Canadian dollar sinks on rate doubts
TORONTO, May 20 (Reuters) - The Canadian dollar dropped more than 2 U.S. cents to a two-week low against the greenback on Thursday, as nagging euro zone worries lowered expectations that the Bank of Canada will raise interest rates next month.
The Canadian dollar CAD=D4 touched a session low of C$1.0705, or 93.41 U.S. cents, its weakest level since May 6.
The currency was down sharply from C$1.0442 to the U.S. dollar, or 95.77 U.S. cents, at Wednesday's close. (Reporting by Claire Sibonney; editing by Rob Wilson)
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