Canadian dollar dips as rate hike fears weigh on sentiment

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Canadian dollar dips as rate hike fears weigh on sentiment
France Dernières Nouvelles,France Actualités
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Loonie at 73.45 U.S. cents

edged lower against its U.S. counterpart on Thursday, moving closer to its weakest level since early January, as economic data fueled worries that major central banks will raise interest rates further.

The Canadian dollar was trading 0.2 per cent lower at 1.3615 to the greenback, or 73.45 U.S. cents, after moving in a range of 1.3583 to 1.3641. Last Friday, the currency touched its weakest level since Jan. 4 at 1.3665.

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