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TORONTO, March 22 - The Canadian dollar fellagainst its U.S. counterpart on Tuesday on disappointingJanuary retail sales data.
The currency CAD=D4 fell to C$0.9782 to the U.S. dollar christian louboutin bridal ,or $1.0223 christian louboutin bridal , down from C$0.9756 christian louboutin bridal , or $1.0250 just before the datawas released at 8:30 a.m. (1230 GMT).
The data offers further hints on the state of the Canadianeconomy and could help refine expectations on when the Bank ofCanada might raise interest rates for the first time thisyear.
Primary dealer forecasts for when the central bank willincrease rates were largely split between its May 31 and July19 policy announcement dates christian louboutin bridal Wholesale Youth Jerseys Some green groups say there is no trade-off, according to a Reuters poll lastweek. [ID:nN18126761] (Reporting by Solarina Ho; Editing by Theodore d'Afflisio)Currencies