Wed, 17 Apr 2013 17:43:04 GMT
Loonie falls against U.S. peer amid lowered BoC growth forecast
The Canadian currency decreased against the U.S. Dollar on Wednesday after the Bank of Canada lowered its forecast of growth from 2% to 1.5% as recent data released in Canada, China and the U.S. did not match estimates. The so-called Loonie was traded lower by 0.6% at C$1.0271 per U.S. dollar as of 10:04 a.m. Toronto time, while one Canada's