TORONTO, March 27 (Reuters) – The Canadian dollar weakened to a two-month low against its U.S. counterpart on Friday, as investors awaited signs of de-escalation in the Middle East war, which has helped drive safe-haven demand for the greenback.
The loonie was trading 0.1% lower at 1.3875 per U.S. dollar, or 72.07 U.S. cents, after touching its weakest intraday level since January 19 at 1.3884.
For the week, the currency was down 1.1%, putting it on track for its third straight weekly decline. Reuters