September 25, 2012 / 12:47 PM / 5 years ago

Canadian dollar firms to session high after retail sales surprise

TORONTO (Reuters) - The Canadian dollar turned positive against its U.S. counterpart on Tuesday, rallying to a session high after data showed domestic retail sales in July rose much more than expected in June.

Canada’s currency hit C$0.9766 versus the greenback, or $1.0240, from around C$0.9795, or $1.0209, heading into the report. The Canadian dollar ended Monday’s North American session at C$0.9788, or $1.0217.

Reporting by Claire Sibonney Editing by W Simon

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