May 30, 2013 / 12:57 PM / 6 years ago

Canadian dollar pares losses after weak U.S. data

TORONTO (Reuters) - The Canadian dollar pared losses on Thursday against the U.S. dollar, which weakened against a string of currencies after data showed U.S. jobless claims rose and the estimates of first-quarter U.S. economic growth were scaled back.

The Canadian dollar strengthened to C$1.0364 versus the U.S. dollar, or 96.49 U.S. cents, stronger than shortly before the data was released, but was still off Wednesday’s finish at C$1.0352, or 96.60 U.S. cents.

Reporting by Solarina Ho Editing by W Simon

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