The following is from the 12 July 2011 issue of Reuters Canada.

The Canadian dollar pared losses to trade little changed against the U.S. dollar on Tuesday following data showing Canada's trade deficit narrowed but the U.S. trade deficit widened more than expected.

The currency firmed to C$0.9689 to the U.S. dollar, or $1.0321, from Monday's North American finish at C$0.9690, or $1.0320. Earlier it traded as weak as C$0.9780.

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