Loonie falls on U.S. budget negotiation deadlock

Source: Bloomberg
© Scanpix/Reuters
Canada's Dollar weakened to near one-month low as deadlock on U.S. budget talks raised concern the showdown might drag Canada's biggest trading partner into the recession. The loonie lost 0.9% to 99.52 cents per greenback at 5 p.m. in Toronto, after trading at 99.59, the weakest level since November 28. One Canadian Dollar buys $1.005.
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