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Canadian dollar hits two-month low as retail sales post monthly decline

24 Sep 2026, 20:47 GMT
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Article Canadian dollar hits two-month low as retail sales post monthly decline

TORONTO, Sept 24 (Reuters) - The Canadian dollar weakened against its US counterpart on Thursday as the greenback notched broad-based gains and after domestic retail sales ​data failed to lift investor concern about Canada's economic outlook.The loonie ‌was trading 0.2% lower at 1.4125 per US dollar, or 70.80 US cents, after touching its weakest intraday level since July 14 at 1.4149."The loonie’s slide looks more like a ​rates-and-USD story than a sudden Canada-specific shock," said Tony Valent...