Canadian dollar weakens as boost from CPI data fades
By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday as the greenback notched broad-based gains, with the currency unable to take advantage of the boost it got from hot domestic inflation data the day before. The loonie was trading 0.3% lower at 1.37 to the U.S. dollar, or 72.99 U.S. cents, after trading in a range of 1.3651 to 1.3704. On
By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday as the greenback notched broad-based gains, with the currency unable to take advantage of the boost it got from hot domestic inflation data the day before. The loonie was trading 0.3% lower at 1.37 to the U.S. dollar, or 72.99 U.S. cents, after trading in a range of 1.3651 to 1.3704. On
