CANADA FX-C$ weakens after U.S., Canadian economic data

Fri Mar 6, 2015 8:50am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, March 6 (Reuters) - The Canadian dollar extended its retreat on Friday after the U.S. dollar strengthened on data that showed U.S. job growth accelerated in February, while data in Canada showed the January trade deficit more than doubled to a near record.

The Canadian dollar hit its weakest level in nearly two weeks, trading at $1.2592 to greenback, or 79.42 U.S. cents. This was softer than Thursday's finish at C$1.2506, or 79.96 U.S. cents. (Reporting by Solarina Ho; Editing by Chizu Nomiyama)