CANADA FX-C$ weakest since Dec. 30 after North American trade data
TORONTO Jan 7 (Reuters) - The Canadian dollar hit a one-week low against its U.S. counterpart on Tuesday after Canada posted a much larger than expected trade deficit, knocking market hopes that the beleaguered export sector might be starting to recover.
The loonie, as Canada's currency is colloquially known, touched C$1.0719, or 93.29 U.S. cents shortly after the data was released.
That was its weakest level since Dec. 30.
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