August 20, 2013 / 12:44 PM / 4 years ago

CANADA FX-C$ retreats on soft Canadian wholesale trade data

TORONTO, Aug 20 (Reuters) - The Canadian dollar fell to its weakest level in more than a week against the U.S. dollar on Tuesday after data showed that Canadian wholesale trade fell by a larger-than-expected 2.8 percent in June from May.

The Canadian dollar touched C$1.0402 versus the U.S. dollar, or 96.14 U.S. cents, weaker than immediately before the figures were released and Monday’s North American finish at C$1.0342, or 96.69 U.S. cents. This was its weakest level since August 8.

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