By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened on Friday against its U.S. counterpart and all the other G10 currencies, as investors ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Fergal Smith
The loonie was trading 0.4% lower at 1.3560 to the greenback, or 73.75 U.S. cents, after moving in a range of 1.3490 to 1.3567. Canadian GDP declined at an annualized rate of 0.2% in the second quarter and growth was most likely flat in July, a signal to the central bank that interest rates are high enough. Analysts had forecast second-quarter growth of 1.2%.
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