CANADA FX-C$ hits weakest point since August
TORONTO Jan 25 (Reuters) - The Canadian dollar fell its lowest level in almost six months against its U.S. counterpart on Friday, accelerating a retreat that started when the Bank of Canada said it would push back the likely date when it will starts to interest rates.
At 7:50 a.m. (1250 GMT) the Canadian dollar was trading at C$1.0065 to the greenback, or $0.9935, down from C$1.0029, or $0.9971, at Thursday's North American close.
The currency is on track for its worst weekly performance since March.
- Housing, jobs data weaken, but overall economic picture still upbeat
- Putin critic Khodorkovsky in Germany after pardon
- Investigators look overseas for hackers in Target case: source
- Pizza outlet attacked as India, U.S. fail to cool diplomat row |
- New York Mayor-elect's reputation for lateness parodied on Twitter