April 23, 2010 / 12:45 PM / 10 years ago

CANADA FX DEBT-C$ touches session low after retail sales data

 TORONTO, April 23 (Reuters) - The Canadian dollar fell to
its weakest point of the session against the U.S. currency on
Friday after data showed retail sales rose less than expected.
 At 8:33 a.m. (1233 GMT), the Canadian dollar CAD=D4
weakened to C$1.0055 to the U.S. dollar, or 99.45 U.S. cents,
down from Thursday's finish at exactly C$1 to the U.S. dollar.
 Government data showed Canadian retail sales increased 0.5
percent in February from January on the strength of new auto
sales. Analysts had, on average, forecast a rise of 0.8 percent
in overall sales. [ID:nSCLNFE60U]
 (Reporting by Jennifer Kwan; Editing by Jeffrey Hodgson)

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