October 31, 2014 / 12:47 PM / 3 years ago

CANADA FX-C$ weakens to session low following softer-than-expected data

TORONTO, Oct 31 (Reuters) - The Canadian dollar weakened to a session low on Friday after data showed the country’s economy unexpectedly contracted for the first time in eight months in August.

The Canadian dollar weakened as low as C$1.1248 to the greenback, or 88.90 U.S. cents. On Thursday it closed at C$1.1196 to the U.S. dollar, or 89.32 U.S. cents.

Reporting by Jeffrey Hodgson

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