Markets

C$ weakens to session low after disappointing GDP data

Published June 30, 2014 Updated June 30, 2014 01:27pm

1 min

By Imad Uddin

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TORONTO: The Canadian dollar weakened to a session low against the greenback on Monday after data showed the domestic economy grew at a slower pace than expected in April.

The Canadian dollar was at C$1.0696 to the greenback, or 93.49 U.S. cents, weaker than Friday's close of C$1.0661, or 93.80 U.S. cents. The loonie touched a session low of C$1.0697 shortly after the data was released.

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