CANADA FX-C$ tips to session low after U.S., Canada data
TORONTO, May 17 (Reuters) - The Canadian dollar slipped to a session low against the U.S. currency on Tuesday after data showed U.S. housing starts and permits for future home construction fell in April. [ID:nCLAHGE7EO]
Separately, Statistics Canada data showed foreigners resumed purchases of Canadian bonds in March. [ID:nN17130640]
The Canadian unit CAD=D4 fell as low as C$0.9770 to the U.S. dollar, or $1.0235, after the data, bumping against a key technical level that retested its weakest in more than seven weeks.
The currency pared losses soon after, and was down from Tuesday's North American session close at C$0.9742 to the U.S. dollar, or $1.0265.
(Reporting by Ka Yan Ng, Editing by Chizu Nomiyama)
- Police hunt for motive as search for Malaysian jet spans hemispheres |
- Crimeans vote on union with Russia as troops build up rapidly |
- Malaysian PM says lost airliner was diverted deliberately |
- Democrats seek ways to limit Obamacare fallout after Florida defeat
- Police make third arrest in murder of Colorado socialite