CANADA FX-C$ weakens to session low after Canada, U.S. data

TORONTO Thu Feb 7, 2013 8:53am EST

TORONTO Feb 7 (Reuters) - The Canadian dollar eased to a session low against its U.S. counterpart on Thursday after data showed the value of Canadian building permits registered its biggest two-month drop in at least 24 years.

South of the border, data showed weaker-than-expected U.S. jobless claims and a significant fall in U.S. nonfarm productivity.

Following the flurry of reports, Canada's currency hit a session low of C$0.9969 versus the greenback, or $1.0031, from around C$0.9957, or $1.0043, immediately before the data.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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